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.
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Listing By: Erick Monzo of Keller Williams Realty-Great Lakes, Phone: 586-541-4000
