$220,000
$225,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
5,682 SqFt
SOLD DATE : 11/13/2024
Key Details
Sold Price $220,000
Property Type Multi-Family
Sub Type Colonial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,682 sqft
Price per Sqft $38
Subdivision Joy Farm Sub (Plats)
MLS Listing ID 20240072705
Sold Date 11/13/24
Style Colonial
Bedrooms 2
Full Baths 2
Originating Board Realcomp II Ltd
Year Built 1928
Annual Tax Amount $938
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 60.00 x 138.00
Property Description
This rare investment opportunity offers an spacious 1928-built corner property in the highly sought-after Virginia Park neighborhood. With 5,628 square feet of space, the property is fully gutted, vacant, and ready for a full rehab—offering potential for a full transformation. Sitting on an 8,276 square foot lot and zoned R2, this property provides flexibility for residential projects. Whether you’re envisioning a multi-family development, mixed-use space, or highly sought-after residential housing, this is the perfect opportunity for your vision
Strategically located near key Detroit landmarks, including Henry Ford Hospital, the Motown Museum, and the popular Congregation Coffee House, the property offers prime visibility and accessibility. The seller has provided detailed renderings for an 8-unit residential development. The sale also includes the adjacent lot at 2072 Clairmount, which offers additional space ideal for parking or potential future expansion
Virginia Park is one of Detroit’s most sought-after neighborhoods, where ongoing development meets the area’s historic charm. With numerous renovation projects and new constructions transforming the landscape, this property offers an exceptional opportunity to contribute to the growth and vibrancy of this thriving community. With significant recent development, driven by the city's affordable housing initiatives, Virginia Park is a prime location for both investors and full-time residents. The demand for residential and commercial spaces continues to grow, making this property a unique opportunity to participate in Detroit’s ongoing revitalization while contributing to its affordable housing goals. Don’t miss this chance to develop a key piece of Detroit’s future!
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Multi-Family,Residential
Direction Heading south on the Lodge- exit at Chicago Blvd. Head West to 14th Street (this is a one way heading south). House and lot will be on your left at the corner of 14th and Clairmount. Park in back of the home in the driveway
Rooms
Basement Unfinished
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Roof Type Asphalt
Porch Balcony, Porch - Covered, Porch
Road Frontage Paved
Garage yes
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Colonial
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W08I002705S
Ownership Short Sale - No,Private Owned
Assessment Amount $340
Acceptable Financing Cash, Warranty Deed
Listing Terms Cash, Warranty Deed
Financing Cash,Warranty Deed
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