15778 Auburn St, Detroit, MI 48223, Detroit, MI

Restore this charming brick house located in Minock Park sub just minutes from popular Rosedale Park neighborhood. Convenient access to neighborhood amenities and an excellent opportunity for builders, developers, or long-term investors. Room sizes are estimated and buyer to verify. Interested buyers must submit a complete proposal package for DLBA approval, including a project proposal, proof of funds, site plan or concept drawing, and proof of previous development experience. Sale is contingent upon execution of a DLBA Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests may be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after DLBA review of the development pro forma and financing.