1525 Taylor Street, Detroit, MI 48206
1525 Taylor Street, Detroit, MI 48206
1525 Taylor Street, Detroit, MI 48206
Salvatore Palazzolo
Salvatore Palazzolo

Trusted Real Estate Advisor for Buyers, Sellers & Investors

+1(248) 927-8521

GET MORE INFORMATION

Full Name
Phone*
Message
We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.

$ 15,000

$ 18,000 16.7%

Est. payment | /mo

3 Beds

1 Bath

1,196 SqFt

$ 15,000

$ 18,000 16.7%

Est. payment | /mo

3 Beds

1 Bath

1,196 SqFt

Key Details

Sold Price $15,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,196 sqft

Price per Sqft $12

MLS Listing ID 20261037507

Sold Date 05/29/26

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}

Listed by Next Level Realty & Investments
Salvatore Palazzolo

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(248) 927-8521

salpalazzolo@icloud.com

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree to receive recurring marketing communication from Salvatore Palazzolo, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

By checking this box, I agree to the Terms of Service and Privacy Policy of this website.

Go tour this home

1525 Taylor Street