Detroit Land Bank Authority opportunity in the sought-after Virginia Park neighborhood! This historic home is ready for a complete renovation and offers endless potential for investors, developers, or owner-occupants looking to restore a classic Detroit property. Ideally located just minutes from New Center, Midtown, the Motown Museum, Henry Ford Hospital,… Read More Wayne State University, and Downtown Detroit. The surrounding area continues to experience significant residential redevelopment, new investment, and neighborhood revitalization while maintaining its historic character. Convenient access to major freeways, public transit, parks, dining, shopping, and cultural attractions makes this an exceptional opportunity to invest in one of Detroit's growing communities. Purchaser to comply with all Detroit Land Bank Authority requirements. Sold as-is.Located in an area experiencing continued residential investment and revitalization Purchaser to verify allmeasurements, zoning, and development requirements. DLBA Disclosure: DLBA is entitled to a tax capture for the 5 tax years subsequent totransferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to theselected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve suchrequests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase anddevelopment financing. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Keller Williams Realty-Great Lakes, (586) 541-4000.
Listing Snapshot
Days Online
26
Last Updated
Property Type
Residential
Beds
3
Full Baths
1
Square Ft.
1,172
Lot Size
0.07 Acres
Year Built
1915
MLS Number
20261058296
30 Days Snapshot Of 48206
$98k
0%
(avg) sold price
14
-17%
homes sold
94
+9%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
1,172 total square feet, 1,172 combined square feet, 586 total basement square feet, Built in 1915, Architectural style: Colonial, 2 Story, Aluminum
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
No Garage, Garage?: 0
Water Features
Public (Municipal)
Heating
Hot Water, Natural Gas
Lot
Lot size area: 0.07, Lot size dimensions: 30X98.03
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