3331 McDowell Street, Ferndale, MI 48220
3331 McDowell Street, Ferndale, MI 48220
3331 McDowell Street, Ferndale, MI 48220
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Alec Applebaum

Alec Applebaum

+1(248) 866-8784
$125,000
Est. payment /mo
7,840 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Municipality Ferndale City

Subdivision Ferndale City

MLS Listing ID 20261083067

Annual Tax Amount $3,029

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 60x130

Source Realcomp

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

Zoning Residential

Direction 10 Mile East Of Hilton, South On McDowell, And Building Is On The West Side Of The Road.

Exterior

View Y/N No

Schools

School District Hazel Park

Others

Tax ID 2526101020

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by KW Domain

Nearby School & Business

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Alec Applebaum

Alec Applebaum

+1(248) 866-8784

Broker License ID: 6502389085

Broker License ID: 6502389085

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Name

Phone*

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