7300 LONGACRE Street Active

Detroit,MI 48228

$ 17750

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20240049529

Originating Board Realcomp

Annual Tax Amount $292

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 70.00 x 115.00

Property Description

Exciting Investment Opportunity: 0.5 Acres at 7300 & 7310 Longacre St, Detroit, MI 48228Investors, don't miss this unique opportunity to acquire two adjacent lots totaling approximately 0.5 acres at 7300 and 7310 Longacre St in Detroit! These R1-zoned properties are perfect for single-family residential development with potential for certain commercial uses, offering flexibility and a promising return on investment.Situated near Cody High School, Henderson Academy, and other educational institutions, these lots are ideal for families. The growing neighborhood, with nearby developments and increasing property values, indicates a thriving area with significant growth potential. Recent sales of similar properties range from $18,000 to $95,000, highlighting the upward trend in the local real estate market.These lots offer convenient access to public transportation and local amenities, enhancing their appeal for future residents or tenants. The combined area of 7300 and 7310 Longacre St expands your development options whether you plan to build multiple homes, create a larger single-family residence, or explore commercial opportunities.With the inclusion of both 7300 and 7310 Longacre St, this combined property offers an expansive canvas for your development vision. Be a part of Detroit's vibrant redevelopment and capitalize on this prime investment opportunity!For more information and to schedule a viewing, contact us today!

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Residential

Direction Warren Avenue to the north and Tireman Avenue to the south.

Exterior

Waterfront No

View Y/N No

Others

Tax ID W22I070245S

Acceptable Financing Cash

Listing Terms Cash

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