$55,000 for Sale
8039 cahalan, detroit, MI 48209
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
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Listing By: Derek Eisenberg of Continental Real Estate Group, Inc, Phone: 877-996-5728