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

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Neighborhood: Franklin Park

Built in 1944, this Bungalow-style home has much to offer potential buyers. With close to 800 square feet of living space, the property features include:

  • Detached garage
  • Spacious yard
  • Cove ceiling

Located in Detroit’s Franklin Park neighborhood, purchasers will enjoy proximity to a variety of nearby amenities, such as:

  • Fitzpatrick-Warwick Playground and Stein Playground
  • Cody High School
  • Easy access to Southfield Freeways
  • Retail and dining along Plymouth and Chicago

 

Purchasers should plan on making a range of repairs to the property, and bidders are strongly encouraged to review the attached Inspection/Condition 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.

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