Auction Property Details
- 5227 Neff, Detroit, MI 48224
- District: 4
- Area: 720Sq. Ft
- Year Built:
- Water Line Cut: No
- 2 Beds
- 0 Baths
Neighborhood: Cornerstone Village
Built in 1950, this charming home would be ideal for many types of buyers. With over 700 square feet of living space, purchasers will enjoy much about the property, including:
- Wood floors
- Spacious Basement
- Large Yard
Located within the Cornerstone Village neighborhood, the home is close to many area amenities, including:
- Recently-renovated Balduck Memorial Park
- St. John Hospital and Medical Center
- Dining and retail destinations on Mack Avenue and Cadieux
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.
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.
- 12/03/2016 Sale Date
- $ 1,000 Starting Price
- $ 1,000 Ending Price
Please note that the rehab cost will often cost more than the winning bid price. Failure to bring a property up to code within 6 months will result in forfeiture of property (9 months for historic properties). Auction dates are subject to change. Check the site regularly to be aware of any schedule changes.
PROPERTY OWNED BY THE DETROIT LAND BANK IS NOT OPEN TO THE PUBLIC. ACCESS TO OR ENTRANCE UPON SUCH PROPERTY WITHOUT THE WRITTEN CONSENT OF THE DETROIT LAND BANK AUTHORITY CONSTITUTES TRESPASS, AND IS A VIOLATION OF MICHIGAN LAW. TRESPASSERS MAY BE SUBJECT TO CIVIL AND CRIMINAL PENALTIES.