28 Detroit houses selling for $500 at county auction
Some of the properties are abandoned and gutted, while others could fetch more than $85,000 in any other community.
Some of the properties are abandoned and gutted, while others could fetch more than $85,000 in any other community.
Whoever wins the auction will inherit hefty costs, from demolition to a six-figure tax bill.
North Corktown is witnessing a steady drizzle of development and new residents, but it’s not envisioned as a rehabilitated neighborhood under Mayor Bing’s blueprint for land use.
Metro Property Group is blamed for turning investors into “unwitting and unintentional slumlords.”
Once selling for six figures, the houses are on the auction block for as low as a few thousand dollars.
The bungalow is featured on the cover of Eminem’s 2000 “Marshall Mathers LP” album.
The city’s move would prevent speculators from buying properties without plans to develop them.
It was back to usual at the abandoned, sprawling Packard Plant on Detroit’s east side.
From stately tudors to roomy colonials, this year’s Wayne County auction has plenty of bargains.
The plan calls for turning the abandoned plant into a sprawling hub for housing, office space and entertainment.