Built in 1936, this 2-unit home could be a great income property. With nearly 1,300 square feet between the 2 units, the home contains many unique and attractive features, such as:
Brick exterior with stone accents
Double front gables
Front porch
Original wood trim
Wood floors
Large front windows
Moulding throughout
Arched entryways
Leaded glass windows
Original kitchen counter and sink
Intact kitchen cabinets
Intact bathtub, hexagon floor tile, and subway wall tiles
Cove ceilings
Solid block
Rear 2nd floor porch
Located on a quiet street within Northwest Detroit, this home is well-situated near local amenities, such as:
Adams-Butzel Park and Sawyer Playground
Retail and dining options along Schaefer and Fenkell
Loyola High School
Purchasers should plan on making a range of repairs to the property, and bidders are strongly encouraged to review the attached Pre-Sale Inspection Report for more detail. Please also note that the purchaser will be responsible for paying real property taxes assessed against the Property from July 1, 2014 and all future years.
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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