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$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
3 Beds ⋅ 1 Baths ⋅ 20261072497 MLS ⋅ PENDING Status
PRICED TO SELL!!! New Fix and Flip opportunity centrally located on the edge of Highland Park & the Dexter Linwood neighborhood of Detroit. Completely gutted and ready for an investor or owner occupant looking for a remodel project. This house comes equipped with 3 beds, 1 bath and over 1,500 sqft! Conveniently located just off of the John C Lodge & Davison Freeway. Centrally located, just a short drive to Downtown Detroit. New buyer must sign agreement with Detroit Land Bank while property gets renovated. Sold As-Is.

1665 Ford Street, Detroit
$10,000
3 Beds ⋅ 2 Baths ⋅ 26039633 MLS ⋅ PENDING Status
Prime Investment Opportunity in one of Detroit's highly sought after neighborhoods- Morningside! This solid brick home features 3 beds, 1.5 baths and plenty of potential for the right investor. With a full rehab and the right vision, this previously fire damaged home is the perfect project for your portfolio. Bring your contractor and your creativity, this one is priced for potential.

5260 Berkshire Street, Detroit
$10,000
2 Beds ⋅ 1 Baths ⋅ 20251029619 MLS ⋅ PENDING Status
Handy man special! Home is totally gutted & ready for you to put back together to your liking. BATVAI

19974 Waltham 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
$9,999
24057782 MLS ⋅ PENDING Status
This lot is located in the Gateway Neighborhood in Detroit. The Gateway Community is served by its own nonprofit organization in the heart of the city. Gateway, also known as the Old North End, serves a 6-by-3-block area from Woodland Street on the north to Belmont Street on the south, between Woodward and Oakland Avenues. This is an area that the Gateway is promoting the growth and development of the community.

146 Harmon Street, Detroit
$9,900
2 Beds ⋅ 1 Baths ⋅ 26042322 MLS ⋅ ACTIVE BACKUP Status
Fire-Damaged Property. This Brick home in attractive neighborhood has suffered extensive fire damage and is being sold as-is. Ideal opportunity for experienced investors or builders looking for a full rehab or potential tear-down and rebuild. Buyer to verify all information and assume any and all city requirements. BATVAI.

20204 Prevost Street, Detroit
$9,100
20230031116 MLS ⋅ PENDING Status
Vacant lot in the North End neighborhood. Close to expressways and Downtown Detroit! This bundle includes 456 E Euclid, 448 E Euclid, and 444 E Euclid Must be sold together. Total price is 9,000. 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 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. 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.

444 E EUCLID Street, Detroit
$9,000
4 Beds ⋅ 2 Baths ⋅ 20261053693 MLS ⋅ ACTIVE BACKUP Status
Investor opportunity featuring a 4-bedroom, 2-bathroom bungalow located in a Federal Opportunity Zone, offering potential long-term tax advantages for qualified buyers. Situated in a convenient Detroit location with easy access to major roadways, neighborhood amenities, and nearby commercial corridors, this property is well positioned for continued investment and redevelopment activity. Ideal for investors or owner-occupants seeking value in an area seeing ongoing improvement. Property is being sold as-is.

19375 Danbury Street, Detroit
$8,500
3 Beds ⋅ 1 Baths ⋅ 20251040703 MLS ⋅ PENDING Status
Discover the potential in this Highland Park Colonial offered through the Detroit Land Bank Authority. Built in 1936, this brick 2-story home features over 1,300 square feet of living space. The property sits on a 60x125 lot with a detached 2-car garage, providing plenty of outdoor space. Located near Woodward Avenue and John R Street, this property offers convenient access to Detroit’s main corridors and surrounding neighborhoods.This is a DLBA listing—interested buyers must submit a proposal that includes:1. Project Proposal (intended use of structure + timeline)2. Proof of Funds (bank statement or lender letter)3. Scope of Work (renovation budget and details)4. Proof of Previous Projects (addresses and photos)Important Note: Sale is contingent upon execution of a DLBA Renovation/Development Agreement. The DLBA is entitled to a tax recapture for the five (5) tax years following transfer of ownership, which may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, subject to DLBA review of the project’s financials.All offers and proposals must be submitted through the DLBA Path to Purchase portal (see agent remarks and documents for link). BATVAI. IDRBNG.

300 W Nevada Street, Detroit
$8,400
2210078904 MLS ⋅ PENDING Status
This is a land-based project site. The DLBA wants to seek land-based uses (urban agriculture, community garden, etc.) Barham South Parcels (8) vacant lots including addresses 3615,3607,3599,3591,3585,3581, 3573,3569 offered by Detroit Land Bank Authority. 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. Please refer to DLBA proposal guidelines. development financing. Please refer to DLBA proposal guidelines.

3615 Barham, Detroit
$8,400
20230031148 MLS ⋅ PENDING Status
Great Investment Opportunity! This lot is being sold as a bundle with 2433 Ash, Detroit, 2439 Ash, Detroit, 3094 17th, Detroit, and 2427 Ash, Detroit (MLS#20230031139, 20230031143, 20230031145, 20230031137) 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.

3106 17TH Street, Detroit
$7,500
2 Beds ⋅ 1 Baths ⋅ 2200012194 MLS ⋅ PENDING Status
3 Home Bundle Package in Regent Park Neighborhood. Subject address is included as part of a 3 Property Bundle Sale Totaling $7,500. Homes Not Sold Separately, must buy as a package of 3. No Land Contracts. Each deed shall represent a sale price of $2,500, per property. Addresses included: 16260, 16236, 16221 Liberal. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs. The sale of said property is open to homeowners, investors and developers. All proposals must answer all of the questions in the attached document title DLBA proposal requirements for bundled single family homes. Seller Addendum's to be provided upon acceptance of qualifying offer. This sale is contingent upon Buyer & Seller execution of a Development Agreement. Buyer to verify all room sizes. Contact listing broker with additional questions. See Additional Attachments for Offer Requirements.

16221 LIBERAL Street, Detroit
$7,500
2 Beds ⋅ 1 Baths ⋅ 2200012191 MLS ⋅ PENDING Status
3 Home Bundle Package in Regent Park Neighborhood. Subject address is included as part of a 3 Property Bundle Sale Totaling $7,500. Homes Not Sold Separately, must buy as a package of 3. No Land Contracts. Each deed shall represent a sale price of $2,500, per property. Addresses included: 16260, 16236, 16221 Liberal. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs. The sale of said property is open to homeowners, investors and developers. All proposals must answer all of the questions in the attached document title DLBA proposal requirements for bundled single family homes. Seller Addendum's to be provided upon acceptance of qualifying offer. This sale is contingent upon Buyer & Seller execution of a Development Agreement. Buyer to verify all room sizes. Contact listing broker with additional questions. See Additional Attachments for Offer Requirements.

16236 LIBERAL Street, Detroit
$7,000
20240024677 MLS ⋅ PENDING Status
Great Build Opportunity Waiting for You! Zoned R1 Residential, so bring your ideas. 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. 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. 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.

1764 CALUMET Street, Detroit
$6,500
20230031143 MLS ⋅ PENDING Status
Great Investment Opportunity! This lot is being sold as a bundle with 2433 Ash, Detroit, 2427 Ash, Detroit, 3094 17th, Detroit, and 3106 17th, Detroit (MLS#20230031139, 20230031137, 20230031145, 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.

2439 ASH Street, Detroit
$6,500
20230031137 MLS ⋅ PENDING Status
Great Investment Opportunity! This lot is being sold as a bundle with 2433 Ash, Detroit, 2439 Ash, Detroit, 3094 17th, Detroit, and 3106 17th, Detroit (MLS#20230031139, 20230031143, 20230031145, 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.

2427 ASH Street, Detroit
$6,500
20230031139 MLS ⋅ PENDING Status
Great Investment Opportunity! This lot is being sold as a bundle with 2427 Ash, Detroit, 2439 Ash, Detroit, 3094 17th, Detroit, and 3106 17th, Detroit (MLS#20230031137, 20230031143, 20230031145, 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.

2433 ASH Street, Detroit
$5,500
3 Beds ⋅ 1 Baths ⋅ 2200101042 MLS ⋅ PENDING Status
Original structure is Single Family 3BR and 1 Bath home and includes vacant lot next door offered by Detroit Land Bank Authority. This property offers the opportunity to own two lots on stable block in up and coming neighborhood. All showings to be accompanied by real estate professional. 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. Please refer to DLBA proposal guidelines. Highest & best due by Monday, 01/11/21 , 6:00 P.M.

1620 Morrell Street, Detroit
$5,218
2200012909 MLS ⋅ PENDING Status
GREAT OPPORTUNITY FOR INFILL HOUSING DEVELOPMENT.LOCATED IN A OPPORTUNITY ZONE.BUYER MUST SUBMIT AN APP TO PURCHASE,INCLUDING CONSTRUCTION PLANS OR PRECEDENT ARCHITECTURAL IMAGES OF PROPOSED DEVELOPMENT & FINANCING PLAN W/ POF OR PRE-APP LETTER ON A NEW CONSTRUCTION LOAN.ALL 7 PROPERTIES ARE SOLD FOR $40,000 TOTAL.NOT SOLD SEPARATELY. 408 MARSTON, 414 MARSTON, 8036, 8042, 8048, & 8050 BRUSH ARE INCLUDED IN THIS DEAL.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 & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TO APPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING .PLEASE SEE ATTACHED DLBA REQUIREMENTS. BATVI BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING .PLEASE SEE ATTACHED DLBA REQUIREMENTS. BATVI

8032 BRUSH, Detroit