What an opportunity to restore this 3 bedroom, brick bungalow, with a basement - right on the line of East English Village/Cornerstone Village! Detroit Land Bank Owned. How to Apply: 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 (breakdown of renovation costs) 4. Proof of Previous Projects: (include addresses and photos) Important Note: Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This 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, determined after review of the development pro forma and financing. BATVAI. IDRBNG.
Property Features
Heating Information
Forced Air
Natural Gas
Basement
Full
Unfinished
Cooling Information
None
Water Features
Public
Parking
No Garage
Listing Courtesy: Keller Williams Realty-Great Lakes - 586-541-4000