$ 17,750
7300 LONGACRE Street Detroit, MI 48228
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$ 17,750
Est. payment | /mo
8,276 Sqft Lot
$ 17,750
Est. payment | /mo
8,276 Sqft Lot
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
Listed by Keller Williams Legacy
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Tricia Carlson
REALTOR® | Lic# 6506048426