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$18,000
Est. payment /mo
3 Beds
1 Bath
1,196 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type SingleFamilyResidence
Listing Status Pending
Purchase Type For Sale
Square Footage 1,196 sqft
Price per Sqft $15
Subdivision Dudleys Sub
MLS Listing ID 20261037507
Style Colonial
Bedrooms 3
Full Baths 1
Year Built 1915
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type SingleFamilyResidence
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
Area Area05043Detlivernoisi756Gdriver
Rooms
Basement Unfinished
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Parking Features NoGarage
Pool None
View Y/N No
Garage false
Building
Foundation Basement, Block
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition GovernmentOwned, ShortSaleNo
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Listed by Catina Willis of Next Level Realty & Investments
NEARBY SCHOOL & BUSINESS
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