Detroit suburb selling off vacant lots for $1 - 13abc.com Toledo (OH) News, Weather and Sports

Detroit suburb selling off vacant lots for $1

Posted: Updated:

WARREN, Mich. (AP) - Warren is offering to sell city-owned vacant lots to adjacent property owners for $1.

Mayor Jim Fouts made the announcement in a news release Wednesday, saying the Detroit suburb owns 136 lots from past tax-reverted purchases from Macomb County and 70 more will be available with this year's tax sale.

Fouts says the purchaser would be responsible for closing costs that won't exceed $700. Additional property taxes would be around $150 annually.

The mayor calls it a "win-win" deal for both Warren and the nearby property owners. He says the price is hard to beat, plus the city no longer will have to cut weeds or grass and shovel snow at the sites.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • Top StoriesMore>>

  • Trial opening over video of Oklahoma City bombing

    Trial opening over video of Oklahoma City bombing

    Monday, July 28 2014 11:58 AM EDT2014-07-28 15:58:22 GMT
    OKLAHOMA CITY (AP) - A Salt Lake City attorney is arguing in a lawsuit that the FBI has video of the Oklahoma City bombing that shows a second person was involved.
    OKLAHOMA CITY (AP) - A Salt Lake City attorney is arguing in a lawsuit that the FBI has video of the Oklahoma City bombing that shows a second person was involved.
  • Dollar Tree buying Family Dollar for $8.5 billion

    Dollar Tree buying Family Dollar for $8.5 billion

    Monday, July 28 2014 7:14 AM EDT2014-07-28 11:14:50 GMT
    NEW YORK (AP) - Dollar Tree is buying rival discount store Family Dollar in a cash-and-stock deal valued at about $8.5 billion.
    NEW YORK (AP) - Dollar Tree is buying rival discount store Family Dollar in a cash-and-stock deal valued at about $8.5 billion.
  • City has new weapons in the war on sinkholes

    City has new weapons in the war on sinkholes

    Sunday, July 27 2014 11:08 PM EDT2014-07-28 03:08:13 GMT
    Toledo has some new weapons in the war against sinkholes and that new technology could save a lot of time and money.
    Toledo has some new weapons in the war against sinkholes and that new technology could save a lot of time and money.

Area Events Calendar

See It, Shoot It, Send It!