In celebration of Veterans Day, the Detroit Land Bank Authority is excited to announce a new Veterans Discount Program allowing eligible U.S. Veterans to receive a 50% discount on select  Auction  Properties. For specific details please view the Veteran Discount Purchaser information online by selecting Discounts under the Resources tab

 

Auction Property Details

  • 2bb2c994e560818e.jpg?t=1476726160 Auction

Neighborhood: Warren Ave Community

Built in 1918, this charming duplex would work well as an income property or for a multi-generational family. With well over 1,600 square feet of living space, the duplex contains many desirable qualities, such as:

  • Large front porches
  • Wood floors
  • Bathrooms with intact bathtubs

Located within the Warrendale Community, purchasers will appreciate the many nearby amenities, including:

  • Fairlane Shopping Center
  • Shops and restaurants of Warren Avenue and Ford Road
  • Southfield Freeway
  • Ford Woods Park

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.

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