Hamtramck, MI | Large Corner Lot | Absolutely NO Back Taxes!
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8800 Lumpkin St Hamtramck, MI

No Back Taxes!

No Outstanding Mortgages!

Location: Across from American Axle & Manufacturing
Next to Metropolitan Baking Co.

Lot Size: 3,485 sq ft

Parcel Number: 41002040104000

“Buy land. They ain't making any more of the stuff.”
- Will Rogers

Why Invest in Detroit?

Prices are at an ALL TIME LOW!

CNN Money says “It Is Time to Buy Rental Property in Detroit”

  • Detroit is named number two on a list of the best cities to buy rental property in
  • Median rent payments are up over 5% in the past 12 months

Forbes: Detroit Real Estate: Comeback Kid?

  • The local market is rebounding rapidly, with current median home prices at $60,200, up 29.2% from Q2 2011 (Detroit, Livonia, Warren)
  • Detroit has “The fastest month-to-month rate gain of all the 146 metropolitan markets” (Realtor.com)
Payment Information

This auction is a legally binding contract and by placing a bid, you the buyer are acknowledging that you have done satisfactory due diligence and agree to purchase the property. This is a cash sale, you are bidding on the full purchase price. Winning bidder agrees to pay the full balance due within 4 days of the auction's close via certified/cashier's check. Closing costs are $500 + 10% of winning bid or $100 minimum (Buyer's Premium). Closing costs include deed preparation, recording fees, courier expenses and transfer taxes. Buyer will receive a quitclaim deed.
Additional Information

Please ask all questions and perform due diligence BEFORE bidding!

Questions? Click the "Ask Seller a Question" tab.

Thanks for taking a look at our auction and best of luck with your investments!