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$7,500
2 Baths ⋅ 20250021384 MLS
Welcome to the latest offering from the Detroit land bank authority. Brick 2 family flat in need of major rehab located in the much sought after Russell Woods subdivision. Bring your hard hat and your budget and get to work. Your new project awaits. 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.

4266 Waverly St, Detroit

Courtesy of Real Estate One-Southfield 2487230055
$15,000
2 Baths ⋅ 20240079043 MLS
Welcome to this exciting new offering presented by the Detroit Land Bank! This multifamily home features two spacious units, providing an excellent investment opportunity. Ideal for investors ready to restore and revitalize, this property holds great potential for generating future income. Don't miss the chance to bring this home back to life and make it a valuable asset. 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.

4824 Cortland St, Detroit

Courtesy of Keller Williams Realty-Great Lakes 5865414000