7300 LONGACRE Street Active

Detroit,MI 48228 3538

$ 17750

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 60322315

Style Vacant Land

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 48228 Investors, 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 Detroit (82001)

Zoning Residential

Building

Water Public Water at Street

Schools

School District Detroit City School District

Others

Ownership Private

Assessment Amount $240

Financing Cash

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