Attention Investors! Don’t miss out on this latest offering from the Detroit Land Bank Authority. This spacious 4-bedroom, 2.5-bathroom full-brick colonial is a true diamond in the rough, ready for a skilled buyer or investor to restore it to its original charm. While it’s currently in very distressed condition, this property offers incredible potential with the right vision. Bring your creativity and expertise to breathe new life into this classic home! Please use caution when entering and exiting property. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Listing By: Erick Monzo of Keller Williams Realty-Great Lakes, Phone: 586-541-4000