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12783 & 12791 Littlefield St - Bundled Sale | Great investment opportunity. DLBA-owned brick beauty needs some TLC& is being sold together with adjacent vacant parcel -12791 Littlefield. Ideal for an investor/developer. Subject to approval by the Detroit Land Bank Authority (DLBA) and execution of a DLBA Renovation/Development Agreement. Purchaser must submit a complete proposal to DLBA, including intended use and renovation timeline, proof of funds, scope of work with cost breakdown, and documentation of prior renovation projects (addresses & photos). The DLBA recommends reviewing all applicable Neighborhood Framework Plans through the City of Detroit Planning and Development Department for additional neighborhood context. DLBA retains the right to tax recapture for five (5) years following transfer of ownership. This may be incompatible with certain tax abatements or lot combination. W...
12783 & 12791 Littlefield St - Bundled Sale | Great investment opportunity. DLBA-owned brick beauty needs some TLC& is being sold together with adjacent vacant parcel -12791 Littlefield. Ideal for an investor/developer. Subject to approval by the Detroit Land Bank Authority (DLBA) and execution of a DLBA Renovation/Development Agreement. Purchaser must submit a complete proposal to DLBA, including intended use and renovation timeline, proof of funds, scope of work with cost breakdown, and documentation of prior renovation projects (addresses & photos). The DLBA recommends reviewing all applicable Neighborhood Framework Plans through the City of Detroit Planning and Development Department for additional neighborhood context. DLBA retains the right to tax recapture for five (5) years following transfer of ownership. This may be incompatible with certain tax abatements or lot combination. Waiver requests will be reviewed on a case-by-case basis and may require payment in lieu of taxes.
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