City-owned vacant lots can be purchased by adjacent property owners for one dollar, according to Warren Mayor Jim Fouts.
Fouts said the city owns 136 lots from past tax-reverted purchases from Macomb County, and 70 more will be available with this year’s tax sale.
Fouts said the purchaser will be responsible for closing costs that will not exceed $700. Additional property taxes will be approximately $150 annually.
“This is an excellent opportunity for an adjacent property owner to expand their properties at a bargain price,” said Fouts.
Fouts said the sales then relieves the city from cutting weeds or grass and shoveling snow. “It’s a win-win for the city and property owners,” said Fouts.
Interested purchasers should call 586-574-4519 for more information.