Did you know that the City of Columbus has a Land Bank Yes, they do and in the bank they keep certain properties that they’ve purchased or inherited. They want you to buy the properties for very little money. They want you to fix up the properties and thereby improve the neighborhoods around them. For example, you get this fire damaged home in up and coming Weinland Park for under $6,000. Not bad if you’re handy.
The city also has a list of lots available for lease for $1 per year. The hope is that the neighborhood will lease the lots, take care of them and put in community gardens. Now the lot isn’t an eyesore, it’s a thing of beauty, again improving the neighborhood around it. I was surprised to see two lots very near me on the list. One of them, pictured here, I know will be a community garden this year thanks to the Bronzeville Neighborhood Association.
The land bank is located in the city’s department of development where you can find some really great stuff including:
Columbus Homes Blog » Blog Archive » Bronzeville Opportunities
May 23rd, 2007
[...] Related Must Reads: Dirt Cheap Homes and $1 Land Leases, add to: [...]
Columbus Real Estate Notes on Homes for Sale, the Columbus Market, and Home Buyer Help » More Long Street Corridor Improvement Coming
February 3rd, 2008
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