7300 LONGACRE Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48228
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision More Than One Legal Involved
MLS Listing ID 20240049529
Annual Tax Amount $292
Lot Size 8,276 Sqft
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 Det - Joy-Dbn Ht Grnfld-Limits
Zoning Residential
Exterior
Waterfront no
Building
Sewer Sewer at Street
Water Water at Street
Schools
School District Detroit
Others
Assessment Amount $240
Acceptable Financing Cash
Listing Terms Cash