3331 McDowell StreetFerndale, MI 48220
$125,000
Listing courtesy of KW Domain
About
This Home
Attention Builders & Investors! The developer has already done the heavy lifting on this rare, plug-and-play opportunity, saving you valuable time, capital, and administrative headaches. Situated in one of Metro Detroit’s most sought-after rental markets, this prime 0.18-acre vacant lot is fully build-ready and waiting for your vision. City approvals are secured, utilities are already on site, and the entire 3-unit multifamily foundation is complete. Skip the lengthy development phase and go straight to building your 3-unit property to start cash-flowing faster. Please refer to the financial projections under the documents section to see the strong income potential this high-demand location offers. *The existing 3-unit building south of this lot (3327 McDowell MLS #20261083067) can be purchased with MLS #20261067860 for a total of $1,000,000. Bring your builder and turn this turnkey site into your next profitable enterprise!
Details
- Property Type
- Land
- Style
- ImprovedLand
- Lot Size
- 0.18 acres
- Garage Spaces
- 0
- Heating
- None
- Cooling
- None
- Annual Taxes
- $3,029
- MLS #
- 20261083067
About Ferndale
A lively, walkable downtown along Woodward Avenue with an arts scene and a welcoming community. Its 1920s to 1940s bungalows are popular with first-time buyers.
Gallery
Listing courtesy of KW Domain. MLS # 20261083067. Information is deemed reliable but not guaranteed and should be independently verified.
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