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Auction Property Details

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  • 6c26c5a9c5792c2f.jpg?t=1455598940 Auction

Neighborhood: Barton-McFarland

Charming brick multi unit has nearly 2,300 square feet of living space. This home  is a great opportunity for investment income. This home was built in 1929. The features of this home entails:

  • Hardwood Floors
  • Dining Room
  • Beautiful Arched Hallways
  • Lovely Dining Room
  • Detached Garage
  • Multi-Unit

Located in the attractive Barton-McFarland neighborhood, this home is in close proximity to a number of amenities such as:

  • Retail and dining options along Wyoming, Joy and Chicago
  • Access to I-96 and I-94 Freeways
  • Nearby Dearborn
  • A variety of parks and grassy areas, including Hammerberg Playfield

 

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.

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COLLUSION (BID-RIGGING) IN AN AUCTION IS A CRIME

Collusion between bidders in a DLBA auction, which is also known as “bid-rigging,” is a type of fraud and a violation of Federal antitrust laws. The DLBA takes the integrity of its auctions very seriously and bid-rigging is unfair to competing bidders and, ultimately, to the people of the City of Detroit. If the DLBA finds evidence of collusion in an auction, it reserves the right and will not hesitate to, as appropriate, reject specific bids, cancel an entire auction (in each case keeping the deposits or downpayments of the colluding parties), and/or pursue criminal prosecution of the parties involved to the fullest extent of the law.


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