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Scott Hutchison

scott@web-homes.net +1(616) 291-0440

$ 18,000

Est. payment | -/mo

3 Beds

1 Bath

1,172 SqFt

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$ 18,000

Est. payment | -/mo

Save

3 Beds

1 Bath

1,172 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,172 sqft

Price per Sqft $15

MLS Listing ID 20261058296

Bedrooms 3

Full Baths 1

Year Built 1915

Annual Tax Amount $1,143

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 30X98.03

Property Sub-Type Single Family Residence

Source Realcomp

Property Description

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, 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.

Location

State MI

County Wayne

Direction E of Rosa Parks / N of Grand Blvd

Interior

Heating Hot Water

Exterior

View Y/N No

Garage No

Building

Story 2

Sewer Public

Water Public

Structure Type Aluminum Siding

Schools

School District Detroit

Others

Tax ID W06I001960S

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition {"REO/Bank Owned":true}

Listed by Keller Williams Realty-Great Lakes

NEARBY SCHOOLS & PROPERTIES

“Part of my Job as Your Real Estate Expert is to protect you from the incompetency that runs rampet in our industry”

+1(616) 291-0440

scott@web-homes.net

8 N. Bridge Street Suite 104B, Rockford, MI, 49341, United States

1544 W Philadelphia Street Detroit, MI 48206

Scott Hutchison

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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1544 W Philadelphia Street