6535 AUBURN Street Detroit, MI 48228 3990

THIS PROPERTY IS SOLD WITH 6824 PLAINVIEW TOTALING= $10,000. NOT SOLD SEPERATELY. GREAT OPPORTUNTY FOR INVESTORS. A COMPLETE RESTORATION IS NEEDED. THE BUYER MUST INCLUDE PLANS FOR REHABBING THE HOME. THE DLBA 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 ABATEMENT THAT ARE OTHERWISE AVAILABLE TO THE SELECTED PURCHASER. DLBA WILL REVIEW REQUESTS TO WAIVE ITS TAX CAPTURE RIGHTS & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TO APPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING.PLEASE FOLLOW THE ATTACHED DLBA PROPOSAL GUIDELINES. BATVAI PLEASE SUBMIT ALL OFFERS BY 11:59PM ON 1/10/2022.