$53,500
$62,500
14.4%For more information regarding the value of a property, please contact us for a free consultation.
6,534 Sqft Lot
SOLD DATE : 08/25/2023
Key Details
Sold Price $53,500
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Avery & Murphys Sub (Plats)
MLS Listing ID 20221057827
Sold Date 08/25/23
Originating Board Realcomp II Ltd
Annual Tax Amount $324
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 50x130
Property Description
Great development opportunity in the Woodbridge neighborhood of Detroit. Located in close proximity to Wayne State University, Midtown & Corktown. This 6,500 +/- SF (50x130') vacant land portfolio is zoned R3 allowing for a single or multifamily development. Local architects say both lots combined could house an 18-20 unit apartment building. Included Parcel: 3958 Commonwealth St, Detroit, MI 48208. The adjacent lot, 3974 Commonwealth St, is also listed for sale. Lot is located in a NEZ-H Tax Abatement District!
Location
State MI
County Wayne
Area Wayne
Zoning Multi-Family,Residential,Site Plan Condo
Direction South of W. Alexandrine, on the East side of Commonwealth.
Exterior
Road Frontage Paved
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Schools
School District Detroit
Others
Tax ID 08005991
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with O'Connor Realty Detroit, LLC