5
See all 5 photos
$125,000
Est. payment /mo
7,840 Sqft Lot
New
3331 McDowell ST Ferndale, MI 48220
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Key Details
Property Type Vacant Land
Sub Type ImprovedLand
Listing Status Active
Purchase Type For Sale
Subdivision First Add To East Urbanrest
MLS Listing ID 20261083067
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type ImprovedLand
Property Description
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. 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!
Location
State MI
County Oakland
Area Area02258Ferndale
Interior
Fireplace No
Exterior
Utilities Available AboveGroundUtilities
View Y/N No
Garage false
Building
Lot Description Easement, Sidewalk
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Hazel Park
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
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Listed by Alyse Robertelli of KW Domain
NEARBY SCHOOL & BUSINESS
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