3349 Clairmount St Detroit, MI 48206

This offering presents a rare opportunity to acquire a bundle of four multi-family properties located in the Jamison neighborhood of Detroit. The properties, situated at 3307 Clairmount, 3349 Clairmount, 3298 Clairmount, and 3318 Clairmount, offer excellent redevelopment potential with strong rental prospects. Each property is configured as a 2-unit structure, with each unit featuring 2 bedrooms and 1 full bath. This package represents a substantial opportunity for an investor or developer to restore and reposition multiple income-generating assets within a growing rental market. Interested buyers must submit a complete proposal package that includes a project proposal outlining the intended use of the structure and a renovation timeline, proof of funds such as a current bank statement or lender pre-approval letter, a detailed breakdown of renovation costs and improvements, and proof of previous projects with addresses and photos of completed work to demonstrate experience. The sale is contingent on execution of a Detroit Land Bank Authority (DLBA) Renovation/Development Agreement. The DLBA is entitled to a tax recapture for the five tax years following transfer of ownership, which may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing.