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16808 Mendota Street, Detroit
$55,000
3 Beds ⋅ 1 Baths ⋅ 20261059599 MLS ⋅ ACTIVE Status
Calling all investors. This property is zoned R1 and is located in Detroit's Fitzgerald/ Marygrove neighborhood. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter on a new construction loan. 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. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. BATVAI. See attached documents for DLBA requirements and offer submission information.

16808 Mendota Street, Detroit

19507 San Juan Drive, Detroit
$48,000
2 Beds ⋅ 1 Baths ⋅ 20261086991 MLS ⋅ ACTIVE Status
Welcome to 19507 San Juan Drive, a single-family home located in Detroit's Oak Grove neighborhood on the city's northwest side. This DHC x DLBA redevelopment opportunity presents an opportunity for homeowners and investors looking to renovate and restore an existing residential structure.The property is being sold as-is with clear title and no compliance requirements. Interested purchasers must submit their highest and best offer, along with proof of funds sufficient to cover acquisition costs. If buyer is purchasing 3 or more properties, buyer must provide proof of funds and scope of work for each purchase.All offers are subject to review and final approval. Buyer and buyer's agent to verify all property information, measurements, and renovation requirements.

19507 San Juan Drive, Detroit

3215 SHERBOURNE Road, Detroit
$35,000
20261082064 MLS ⋅ ACTIVE Status
Welcome to the latest offering from the Detroit land Bank Authority, Single vacant lot located in Historic Sherwood Forest. The DLBA is seeking proposals for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walk ability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. 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

3215 SHERBOURNE Road, Detroit

20400 Indiana Street, Detroit
$30,000
3 Beds ⋅ 1 Baths ⋅ 20261086607 MLS ⋅ ACTIVE Status
Welcome to 20400 Indiana, a 3 bedroom single-family home. This DHC x DLBA redevelopment opportunity is ideal for homeowners and investors seeking to renovate an existing residential property. Sold as-is with clear title and no compliance requirements. Purchasers must submit their highest and best offer with proof of funds covering the purchase price and proposed renovations. Multiple-property purchases require separate proof of funds and scope of work for each property. All offers are subject to review and final approval. All property information, measurements, and renovation requirements must be independently verified. Licensed real estate professionals must accompany clients during interior showings.

20400 Indiana Street, Detroit

16583 Stoepel Street, Detroit
$29,990
2 Baths ⋅ 20261078084 MLS ⋅ ACTIVE Status
Investor special in Detroit’s desirable 48221 area! This approximately 1,680 sq. ft. property features two 2-bedroom, 1-bath units and offers excellent potential for an investor looking for a flip or rental opportunity. The property needs renovation and is being sold as-is, providing plenty of opportunity to add value. Each unit is approximately 840 sq. ft., with projected renovated rents of approximately $1,100–$1,200 per month per unit. Conveniently located near W McNichols Rd (6 Mile), shopping, transportation, and neighborhood amenities. Cash or hard money preferred; proof of funds required. Buyer to verify property condition, legal unit configuration, square footage, rental projections, and all other information.

16583 Stoepel Street, Detroit

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