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$22,500
3 Beds 3 Baths 20240024633 MLS ACTIVE Status
Over 3,900 Square Feet can once again come to life, just bring your imagination. This super investment opportunity comes with 3 lots included, 4272 Webb, 4282 Webb & 4268 Webb. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. 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 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.

4288 WEBB Street, Detroit

$130,000
3 Beds 1 Baths 20240017275 MLS ACTIVE Status
Welcome to this charming **three-bedroom brick colonial** located just minutes from Grosse Pointe, offering a perfect blend of city convenience and neighborhood charm. This home features a spacious **living room, dining room, kitchen, bonus room, and an unfinished basement**, providing plenty of potential for customization. The property includes **one full bathroom** and retains classic colonial character, while offering an excellent opportunity for updates and personal touches. With some TLC, this home can truly shine. Previously rented at **$1,250/month**, it presents a strong investment opportunity for landlords seeking cash flow in a **progressive and growing neighborhood**. Now **vacant and ready**, it’s also a great option for a private owner looking to create their dream home. Don’t miss this chance to own a solid brick colonial in a desirable Detroit location near Grosse Pointe. ---

4850 COURVILLE Street, Detroit

$18,500
4 Beds 2 Baths 20230087159 MLS ACTIVE Status
Welcome to the latest offering from the Detroit Land Bank Authority. 4 Bedroom colonial, located in the Islandview subdivision. Needs extensive rehab, please show with caution. 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

2971 SEYBURN Street, Detroit