Overview
- Multi Family
- 2
- 0
- 2016
Description
Great investment opportunity! DLBA-owned side-by-side duplexes located at 926 Navahoe St in Detroit’s historic Jefferson Chalmers Neighborhood. Excellent opportunity for renovation and long-term investment in one of Detroit’s unique waterfront communities.
Conveniently located near the Detroit River, Mariner Park, Maheras-Gentry Park, Lakewood East Park, the Jefferson Avenue corridor, shopping, dining, and neighborhood amenities, with easy access to Downtown Detroit and Grosse Pointe. The area continues to benefit from public and private investment, neighborhood stabilization efforts, and ongoing redevelopment.
Sale is subject to approval by the Detroit Land Bank Authority (DLBA) and execution of a DLBA Renovation/Development Agreement. Purchaser must submit a complete proposal package including intended use, renovation timeline, proof of funds, detailed scope of work with cost breakdown, and documentation of prior renovation projects (addresses and photos).
The DLBA recommends reviewing applicable Neighborhood Framework Plans through the City of Detroit Planning and Development Department. Property sold as-is. DLBA retains the right to tax recapture for five (5) years following transfer of ownership. Certain tax abatements, lot combinations, or assemblages may require DLBA review and approval. Buyer to verify all information.
Nearby School
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High School District Detroit
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