4671 Mcdougall St Detroit, MI 48207
- Individual retail properties
- 3,642 SF
- 0.07 lot acres
Current Use by Public Records
- Individual retail properties
Property Details for 4671 Mcdougall St
- Year built
- 1915
- Lot size
- 0.07 lot acres
- Property size
- 3,642 SF
- Zone code
- B4
- Property type
- Individual retail properties
- APN
- 11002063.
- APU
- 11002063
Description
This exceptional 3,624 square foot multifamily property at 4671 McDougall St, Detroit, MI 48207 presents a unique investment opportunity. Built in 1915, this two-story building sits on a 0.07-acre lot and is zoned B4, offering significant redevelopment potential. The property currently features two apartments and one retail space, all stripped down to the studs, ready for a complete rebuild. A new asphalt shingle roof has recently been installed. Parking is readily available with a two-car garage and additional street parking. The building boasts a 9-foot clear height, providing ample space for creative design and layout. Located in a developing area of Detroit, this property offers investors the chance to capitalize on the city's revitalization. The asking price is $195,000, translating to $53.81 per square foot. This is a rare chance to acquire a substantial property in a rapidly evolving neighborhood, perfect for those seeking a hands-on renovation project with significant upside. The property's existing infrastructure, combined with its prime location, makes it an ideal candidate for a variety of uses. Don't miss this chance to acquire a piece of Detroit's future.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.0347
- Latitude
- 42.3652
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
