***Please Note: The debris in this property will not be removed by the DLBA. The purchaser will responsible for cleaning out the property.*** Please Note: The estimated rehab costs to bring this property up to code is approximately $250,234.00. Please review the report for the break down of costs.
With over1,900 square feet of living space, this gorgeous West Village home has much to offer potential buyers. Built in 1900, the home contains many desirable qualities, such as:
Multi-Unit-
2 Bedrooms and 1 Bath per unit
Bay Window
Basement/Unfinished
Located in the trendy West Village neighborhood, this home enjoys proximity to many local amenities, including:
Restaurants such as Detroit Vegan Soul, Craftwork, and The Red Hook
Detroit Belle Isle
Adjacent to prestigious Indian Village
Pewabic Pottery Studio and Museum
Retail and dining options along Jefferson Avenue
Purchasers should plan on making a range of repairs to the property, and bidders are strongly encouraged to review the attached Inspection/Condition Report for more detail. Please also note that at closing the purchaser will be responsible for paying all properly-assessed property taxes not otherwise exempt pursuant to the statutory authority of the Detroit Land Bank.
Finally, please note that any discounts on the purchase (i.e. the city employee discount); will be granted at the time of closing on the sale. The purchaser will be charged $1,000.00 upon winning the bid, regardless of any discounts.
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COLLUSION (BID-RIGGING) IN AN AUCTION IS A CRIME
Collusion between bidders in a DLBA auction, which is also known as “bid-rigging,” is a type of fraud and a violation of Federal antitrust laws. The DLBA takes the integrity of its auctions very seriously and bid-rigging is unfair to competing bidders and, ultimately, to the people of the City of Detroit. If the DLBA finds evidence of collusion in an auction, it reserves the right and will not hesitate to, as appropriate, reject specific bids, cancel an entire auction (in each case keeping the deposits or downpayments of the colluding parties), and/or pursue criminal prosecution of the parties involved to the fullest extent of the law.
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Auction Information
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Sale Date
Please note that the rehab cost will often cost more than the winning bid price. Failure to bring a property up to code within 6 months will result in forfeiture of property (9 months for historic properties). Auction dates are subject to change. Check the site regularly to be aware of any schedule changes.
Public Notice
PROPERTY OWNED BY THE DETROIT LAND BANK IS NOT OPEN TO THE PUBLIC. ACCESS TO OR ENTRANCE UPON SUCH PROPERTY WITHOUT THE WRITTEN CONSENT OF THE DETROIT LAND BANK AUTHORITY CONSTITUTES TRESPASS, AND IS A VIOLATION OF MICHIGAN LAW. TRESPASSERS MAY BE SUBJECT TO CIVIL AND CRIMINAL PENALTIES.
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