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130 GLADSTONE Street, Detroit
$40,000
4 Baths ⋅ 20250030271 MLS ⋅ SOLD Status
This is your opportunity to invest in one of Detroit's hottest areas! Located between New Center Area and Boston Edison, this 3 unit has 2 bedrooms in the attic and 2, 3 bedrooms. Great investment opportunity or primary residence within walking distance to transit, and minutes away from Wayne State, entertainment, awesome retail and downtown! Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. Please note that the Detroit Land Bank Authority 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 abatements and lot combinations 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. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

130 GLADSTONE Street, Detroit

87 Hazelwood, Detroit
$27,000
3 Beds ⋅ 1 Baths ⋅ 20251060593 MLS ⋅ SOLD Status
This brick, 3 bedroom home is one investment opportunity you don't want to miss! Located in the first block west of Woodward, near the New Center Area & Historic Boston Edison Distric. Bring your hard hat and vision and make this house a home again! House needs a complete rehab. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. Please note that the Detroit Land Bank Authority 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 abatements and lot combinations 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. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

87 Hazelwood, Detroit

689 Gladstone Street, Detroit
$25,000
4 Beds ⋅ 1 Baths ⋅ 20251023341 MLS ⋅ SOLD Status
welcome to the latest offering from the Detroit land Bank authority. This 4 bedroom 1 bath home is in dire need of renovation but sits in a very promising neighborhood in the "Piety Hill" district. Bring your hard hat and your design ideas and you should be in for a good project. Please note that the Detroit Land bank Authority 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 abatements and/or lot combinations 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. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines

689 Gladstone Street, Detroit

1129 ATKINSON Street, Detroit
$15,000
4 Beds ⋅ 3 Baths ⋅ 20240086870 MLS ⋅ SOLD Status
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

1129 ATKINSON Street, Detroit

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