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14995 Maddelein Street, Detroit
$10,500
2 Beds ⋅ 1 Baths ⋅ 20261002309 MLS ⋅ ACTIVE Status
Welcome to the latest offering from the Detroit Land Bank authority. This 2 bedroom frame home sits on a fairly large lot located in the Regent Park community. This home needs a bit of TLC, but with the right touches it can be a good starter home or investment property. 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

14995 Maddelein Street, Detroit

14445 E 7 Mile Road, Detroit
$10,000
3 Beds ⋅ 1 Baths ⋅ 20251036424 MLS ⋅ ACTIVE Status
Endless opportunities with this residential/commercial 3 bedroom house located in a busy business district. This property could be a rental, salon, small retail or general business. Property to be zoned B4 and located across the street from a gas station, next door to the post office and just east from Gratiot, all high traffic areas. 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 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.

14445 E 7 Mile Road, Detroit

13832 PINEWOOD Street, Detroit
$25,000
3 Beds ⋅ 1 Baths ⋅ 20240071511 MLS ⋅ ACTIVE Status
Start your fall with this great investment opportunity. This 3 bedroom bungalow is offered with 5 lots, 13826, 13810, 13816, 13802, 13840 Pinewood and must be sold together. Bring your hard hat, your ideas and your tool belt. 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

13832 PINEWOOD Street, Detroit

12326 GARNET Street, Detroit
$48,000
3 Beds ⋅ 1 Baths ⋅ 20240026899 MLS ⋅ ACTIVE Status
Great invest opportunity offering a brick ranch with full basement and attached garage that includes 7 lots, 13037, 13047, 13053, 13057, 13059, 13079 & 13089 Houston-Whittier. These lots are to primed for development, so don't sleep on this opportunity. 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.

12326 GARNET Street, Detroit

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