$15,000

$18,000 16.7%

Est. payment - /mo

3 Beds

1 Bath

1,196 SqFt

UPDATED:

Key Details

Sold Price $15,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,196 sqft

Price per Sqft $12

MLS Listing ID 20261037507

Sold Date 05/29/26

Bedrooms 3

Full Baths 1

Year Built 1915

Annual Tax Amount $38

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 30X127

Property Sub-Type Single Family Residence

Source Realcomp

Property Description

Development opportunity located in the desirable Virginia Park Community. This property is within walking distance to local restaurants, coffee shops, and ongoing neighborhood redevelopment. Surrounded by revitalization and conveniently located near major corridors, this is an excellent opportunity for an investor or buyer looking to renovate, redevelop, or hold in a growing area. Interested buyers must submit a complete proposal package for DLBA approval, including a project proposal, proof of funds, site plan or concept drawing, and proof of previous development experience. Sale is contingent upon execution of a DLBA Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests may be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after DLBA review of the development pro forma and financing.

Location

State MI

County Wayne

Direction South Chicago Blvd, East Rosa Parks Blvd.

Interior

Heating Forced Air

Exterior

View Y/N No

Garage No

Building

Story 2

Sewer Public

Water Public

Structure Type Wood Siding

Schools

School District Detroit

Others

Tax ID W06I002192S

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition {"Other":true}

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Listed by Next Level Realty & Investments

NEARBY SCHOOL & BUSINESS

REQUEST INFORMATION or SCHEDULE SHOWING

Rob Young

+1(616) 293-9119

Broker Associate | License ID: 6506039987

Broker Associate License ID: 6506039987

1525 Taylor Street Detroit, MI 48206