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#: 20240078444
City: detroit
Post Office: detroit
Schools: detroit
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
Legal Description: S CAHALAN 272 CAHALANS SUB L19 P10 PLATS, WCR 20/181 30 X 100
