$55,000 for Sale

8039 cahalan, detroit, MI 48209

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Property Description
Fantastic investment opportunity at 8039 Cahalan St in Detroit's vibrant Vernor-Springwells neighborhood! This .07 acre lot offers potential, zoned R2 for two-family residential use, making it perfect for building a duplex or spacious single-family home. The property is vacant with no structures, providing a clean slate for new development. Located in District 6, this parcel benefits from proximity to local schools, parks, shopping, and easy access to major highways. It's also situated within the Vernor-Springwells Neighborhood Enterprise Zone (H128), offering potential tax incentives for new builds. The property is a fantastic low-cost entry into Detroit's thriving real estate market. Whether you're an investor or builder, this land is a prime spot to create a valuable asset in a growing community. Don't miss this chance to invest in Detroit's exciting resurgence.
General Information
Sale Price: $55,000
Price/SqFt:
Status: Active
MLS#: rcomi60348378
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: cahalans (plats)
Acres: 0.07
Lot Dimensions: 30x100
Size:
Acreage: 0.07 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes:  $23
Est. Winter Taxes:  $3


Information provided by East Central Association of REALTORS® Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Derek Eisenberg of Continental Real Estate Group, Inc, Phone: 877-996-5728
(810) 659-6569 Call Lucy Ham for more information about this property.

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Listings Presented by:
Lucy Ham
Call:
(810) 659-6569