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$12,500
3 Beds 1 Baths 20261002353 MLS ACTIVE Status
Welcome to the latest offering from the Detroit Land Bank Authority. This 3 bedroom brick colonial is being offered in the historic Chandler Park community. This home needs a full rehab but once complete will make a very good investment. Be advised that this home also includes vacant lots located at 5782 and 5790 Lakeview for an additional 8000 sqft. of buildable space. 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

5776 Lakeview Street, Detroit

$26,000
3 Beds 2 Baths 20251053107 MLS ACTIVE Status
Investment Opportunity!Attention investors, flippers, and visionaries—this 3-bedroom fixer-upper offers incredible potential and solid upside for the right buyer. With great bones and a convenient location near major highways and transportation, this property is ideal for a renovation, fix-and-flip, or rental project.Property sold AS-IS — no contingencies, repairs, warranties, or guarantees. Seller makes no representations as to the accuracy of listing information, property details, photos, or descriptions. Use caution during showings; portions of the flooring may be unstable. Enter at your own risk. The Seller is open to a package deal that may include 5852 Rohns Street and/or 14681 Tuller Street, for the right purchase price. Ideal opportunity for investors seeking multiple properties in one transaction. Must show proof of funds before confirmation of showing.Priced to reflect the extensive repairs needed—bring your contractor and your imagination!BATVAI

5852 Rohns Street, Detroit

$20,000
3 Beds 1 Baths 20251036513 MLS ACTIVE Status
Great opportunity for to turn this house into a home. This 3 bedroom home includes 2 lots, 13050 and 13056 Evanston, so expand on the home, or build two new ones as you redevelop. Sale contingent on buyer/seller executed development agreement. 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.

13042 Evanston Street, Detroit

$9,900
4 Beds 1 Baths 20240024495 MLS ACTIVE Status
Don't miss this great investment opportunity on this up and coming east side neighborhood, close to Gratiot and minutes from Downtown Detroit. 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.

6023 COOPER Street, Detroit