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Welcome to the latest offering from the Detroit land Bank Authority. This Brick, 3 bedroom1600 sqft. colonial located in the Oakman Blvd Community is just waiting on your ingenuity and your design ideas. This home features a natural fireplace and hardwood floors throughout. With the right amount of love and care, a hidden gem is in the making. 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
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