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$14,900
2 Beds ⋅ 1 Baths ⋅ 20261032232 MLS ⋅ PENDING Status
Great opportunity for investors. This property is located in Detroit's Yorkshire woods. Zoned R1. This property needs a full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan with Proof Of Funds or Pre- Approval letter, or a new construction loan. 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 & may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development financing. BATVAI Please see attached documents for DLBA requirements. Proposal should be submitted through google doc application. Use the link in the attachments.

10570 Somerset Avenue, Detroit

$13,876
20240063606 MLS ⋅ PENDING Status
Welcome to the latest offering from the Detroit land Bank authority. 3 buildable lots in the Buffalo/Charles area, right across the street from a park on the border of Hamtramck. Sale includes 5086 and 5098 charles as well. Over 9000 Sqft of buildable land zoned residential.The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. 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. 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.

5092 CHARLES Street, Hamtramck

$13,500
3 Beds ⋅ 1 Baths ⋅ 20251036429 MLS ⋅ PENDING Status
CALLING ALL INVESTORS. Get your hard hat and bring your vision to make this house a home. 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.

12651 Indiana Street, Detroit

$12,500
3 Beds ⋅ 1 Baths ⋅ 20261057870 MLS ⋅ PENDING Status
Welcome to the latest offering from the Detroit Land Bank Authority. 3 bedroom brick ranch located in an up and coming Northwest Detroit community. Home needs some TLC, but it has good bones right on the border of Redford Twp. 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.

19417 Grandview Street, Detroit

$12,500
2 Baths ⋅ 20251001813 MLS ⋅ PENDING Status
Welcome to the latest offering from the Detroit Land bank authority. Frame 2 family flat in need of a full rehab. this property is priced to move and with the right touches can be put back together fairly quickly. 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

8167 Woodlawn Street, Detroit

$12,500
3 Beds ⋅ 1 Baths ⋅ 20250037209 MLS ⋅ PENDING Status
Wait till you see this investment opportunity! Solid brick, 3 Bedrooms, dining room and family room all waiting on your personal touch. This one won't last long! 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.

7764 AMERICAN Street, Detroit

$12,000
4 Beds ⋅ 2 Baths ⋅ 20251010936 MLS ⋅ PENDING Status
Detroit Land Bank Opportunity in Fitzgerald/Marygrove!Don’t miss this spacious bungalow located in the vibrant Fitzgerald/Marygrove neighborhood of Detroit. This home features 4 bedrooms and 1.5 bathrooms, offering plenty of space and potential for investors or future homeowners alike.Located near parks, schools, and the University of Detroit Mercy, this property is part of an area undergoing exciting revitalization. Bring your vision and be a part of Detroit’s comeback story!This property is being sold as is. 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.

16164 Turner Street, Detroit

$12,000
2200016593 MLS ⋅ PENDING Status
Great lot for infill building located in Detroit’s bustling North End neighborhood. This lot is sold as a bundle of 3 with 246 Mt Vernon and 238 Mt Vernon =Totaling $58,000. Not sold separately. This property is within walking distance to the Q-Line and New Center Area. It is also in close proximity to Wayne State University and Henry Ford Hospital. 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 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. Please see attached documents for DLBA guidelines. All offers due by noon April 3,2020. development proforma and effect of any tax abatement on the purchase and development financing. BATVAI. Please see attached documents for DLBA guidelines. All offers due by noon April 3,2020.

224 MT VERNON, Detroit

$12,000
2200016567 MLS ⋅ PENDING Status
Great lot for infill building located in Detroit’s bustling North End neighborhood. This lot is sold as a bundle of 4 with 265 Mt Vernon, 259 Mt Vernon, and 249 Mt. Vernon =Totaling $48,000. Not sold separately. This lot is within walking distance to the Q-Line and New Center Area. It is also in close proximity to Wayne State University and Henry Ford Hospital. 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 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. Please see attached documents for DLBA guidelines. All offers due by noon April 3,2020. reviewing the development proforma and effect of any tax abatement on the purchase and development financing. BATVAI. Please see attached documents for DLBA guidelines. All offers due by noon April 3,2020.

253 MT VERNON, Detroit

$12,000
2200016557 MLS ⋅ PENDING Status
Great lot for infill building located in Detroit’s bustling North End neighborhood. This lot is sold as a bundle of 4 with 249 Mt Vernon, 259 Mt Vernon, and 253 Mt. Vernon =Totaling $48,000. Not sold separately.This lot is within walking distance to the Q-Line and New Center Area. It is also in close proximity to Wayne State University and Henry Ford Hospital. 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 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. Please see attached documents for DLBA guidelines. All offers due by noon April 3,2020. reviewing the development proforma and effect of any tax abatement on the purchase and development financing. BATVAI. Please see attached documents for DLBA guidelines. All offers due by noon April 3,2020.

265 MOUNT VERNON Avenue, Detroit

$11,500
2 Beds ⋅ 1 Baths ⋅ 20261064532 MLS ⋅ PENDING Status
Detroit Land Bank Authority opportunity in Detroit’s west side! This property at 8245 Manor Street, Detroit, MI 48204 is ready for renovation and offers excellent potential for investors, developers, or owner-occupants looking to restore and improve a classic Detroit property. The property has a clean title.Ideally located in the 48204 area, the property is surrounded by established residential neighborhoods and ongoing residential investment and redevelopment. Convenient access to major roadways, public transportation, parks, shopping, dining, and other Detroit amenities makes this an attractive opportunity for those looking to invest in a growing area of the city.The surrounding neighborhood features a mix of historic residential properties and redevelopment projects, providing opportunities for continued revitalization while maintaining the established character of Detroit’s west side. Purchasers should conduct their own due diligence regarding neighborhood conditions, comparable properties, zoning, intended use, and development requirements.Purchaser to comply with all Detroit Land Bank Authority requirements. Property sold as-is. Purchaser to verify all measurements, zoning, utilities, property condition, and development requirements. Property has a clean title.DLBA Disclosure: DLBA is entitled to a tax capture for the five 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 the effect of any tax abatement on the purchase and development financing.

8245 Manor Street, Detroit

$11,250
2 Beds ⋅ 1 Baths ⋅ 20251059093 MLS ⋅ PENDING Status
Property needs a full rehab top to bottom, but don't let that scare you away. The right investor will certainly turn a profit on this Islandview 2 bedroom ranch, just west of West Village. Islandview is named for its proximity to Detroit's island park, Belle Isle. The neighborhood is bound by Jefferson on the south, Mack to the north, Mt. Elliott to the west and Baldwin Street on the east. 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.

3489 SEYBURN Street, Detroit

$11,000
20240040643 MLS ⋅ PENDING Status
Looking for that perfect small/medium infill project in the Nardin Park Community? You found it directly across the street from Nardin Park!! The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. 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 that are otherwise available to the selected purchaser. The payment will be deterrmined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. abatements that are otherwise available to the selected purchaser. The payment will be deterrmined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

5132 W CHICAGO, Detroit

$10,500
20230031145 MLS ⋅ PENDING Status
Great Investment Opportunity! This lot is being sold as a bundle with 2433 Ash, Detroit, 2439 Ash, Detroit, 2427 Ash, Detroit, and 3106 17th, Detroit (MLS#20230031139, 20230031143, 20230031137, 20230031148) for $38,400. Great location! Short commute to several local freeways. Minutes from Corktown and so much more. This is a land-based site. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. 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 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. Development Department for additional context about the neighborhood. 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.

3094 17TH Street, Detroit

$10,000
4 Baths ⋅ 20221067394 MLS ⋅ PENDING Status
Great opportunity for experienced investors. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan with Proof Of Funds or Pre- Approval letter, or a new construction loan. 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 & may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development financing. BATVAI Please see attached documents for DLBA requirements. Proposal should be submitted through google doc application. Use the link in the attachments.

8773 PETOSKEY Avenue, Detroit