MI
Wayne
Detroit City
48206
1525 Taylor Street
1525 Taylor Street, Detroit City, MI 48206
Share Listing
Listing Type
Single Family
Listing Status
Active
3
$18,000

Home Details for 1525 Taylor Street

Price
$18,000
Type
Residential
Bedrooms
3
Bathrooms
1.0
Square feet
1196
Year built
1915
Lot size acres
0.09
County
Wayne
Total rooms
6
Garage
Basement
Unfinished
Days on site
31
MLS Listing#
20261001924
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.

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • None
  • Water Features
    • Public
  • Parking
    • No Garage
  • Basement
    • Unfinished
Listing Courtesy: Next Level Realty & Investments - 734-506-0076
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Market statistics compiled from data from Michigan Regional Information Center.
EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
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