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!
General Information
Sale Price: $17,750
Price/SqFt:
Status: Active
MLS#: rcomi20240049529
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: more than one legal involved
Acres: 0.19
Lot Dimensions: 70.00 x 115.00
Size:
Acreage: 0.19 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes: $286 Est. Winter Taxes: $6
Legal Description: E LONGACRE N 70 FT OF S 160 FT OF W 115 FT LYG E OF & ADJ LONGACRE AVE AND N OF & ADJ EAST HAVEN SUB SEC 1 T 2 S R 10 E 22/--- 70 X 115
