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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 Discountsunder the Resources tab.
Built in 1925, this duplex is ideal as an income property. With just over 1,900 square feet of living space, the home also features:
Wood floors and original wood trim throughout
Kitchen with intact cabinets and farm-style sink
Many windows, creating a bright interior
Bathroom with original tub and tile
Arched entryways
Located within the Barton-McFarland neighborhood, the home enjoys close proximity to many amenities, such as:
Retail and dining options along Joy, Chicago, and Wyoming
Nearby parks, including Hammerberg Playfield
Easy access to I-96 and Southfield Freeways
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 the purchaser will be responsible for paying real property taxes assessed against the Property from July 1, 2014 and all future years.
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.
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.
Public Notice
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.
Auction
