Auction Property Details
- 5114 Three Mile Dr, Detroit, MI 48224
- District: 4
- Area: 1586Sq. Ft
- Year Built:
- Water Line Cut: No
- Water Line Cut: No
- 0 Beds
- 0 Baths
Neighborhood: Morningside
Built in 1927, this brick Tudor-style home contains a variety of attractive qualities. With nearly 1,600 square feet of living space, purchasers will enjoy many features of the home, such as:
- Front porch
- Decorative brickwork
- Wood floors
- Bathroom with intact tilework
- Fireplace
Located in Detroit’s Morningside neighborhood, the property enjoys close proximity to a range of amenities, including:
- The Jefferson Branch of the Detroit Public Library
- Alger Theater
- Beautiful parks, including MorningSide Gateway Park and MorningSide Commons
- Retail and dining options along Warren Avenue and Mack Avenue
Purchasers should plan on making a range of repairs to the property, and bidders are strongly encouraged to review the attached Pre-Sale Inspection Report for more detail. Please also note that at closing the purchaser will be responsible for paying all properly-assessed property taxes not otherwise exempt pursuant to the statutory authority of the Detroit Land Bank.
Properties purchased between November 1st, 2015 and March 1st, 2016 will receive an automatic 90-day extension. In other words, purchasers will have 9 months to rehabilitate the property, or 12 months for properties located within an historic district.
Finally, please note that any discounts on the purchase (i.e. the city employee discount); will be granted at the time of closing on the sale. The purchaser will be charged $1,000.00 upon winning the bid, regardless of any discounts.