See all 3 photos
3 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$18,000
Est. payment /mo
3 Beds
1 Bath
1,196 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 1,196 sqft
Price per Sqft $15
MLS Listing ID 20261037507
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}
Read Less Info
Listed by Next Level Realty & Investments
Nearby School & Business
Get More Information