18049 Saint Aubin StreetDetroit, MI 48234

About

This Home

Redevelopment Opportunity with Great Potential! Spacious Detroit home offering a solid opportunity for an investor, developer, or experienced rehabber ready to bring this property back to life. The home features generous living space and original hardwood flooring with plenty of potential for renovation and value creation. Property is being sold as-is with clean title. Buyer and buyer’s agent to verify all measurements, property information, and redevelopment requirements. Interested buyers must submit a complete proposal package for DLBA approval, including a project proposal, proof of funds, site plan or concept drawing, and documentation 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, as determined following DLBA review of the development pro forma and financing.

Details

Property Type

Residential

Style

Single Family Residence

Year Built

1926

Lot Size

0.13 acres

Garage Spaces

2

Heating

Forced Air, Natural Gas

Cooling

None

Basement

Unfinished

Annual Taxes

$1,456

MLS #

20261072156

Gallery