Detroit, MI 48216
MLS# 20261072174
INVESTMENT & INFILL DEVELOPMENT OPPORTUNITY! Vacant residential lot located at 2943 Cochrane St, Detroit, MI 48216, in the established Briggs neighborhood. Parcel Number: 08006559. This approximately 31' x 100' parcel offers an excellent opportunity for investors, builders, and developers looking to add new construction to an established residential area. The property is zoned R2 – Two-Family Residential, offering potential for residential development subject to current City of Detroit zoning requirements, approvals, and applicable building regulations.Conveniently located near Michigan Avenue, Corktown, Mexicantown, and Downtown Detroit, with easy access to major thoroughfares, employment centers, restaurants, entertainment, shopping, and neighborhood amenities. The surrounding area features a mix of established homes, renovated properties, and infill development, making this an attractive location for continued neighborhood investment and revitalization. Burton International School is also located nearby.Purchaser to verify zoning, utilities, dimensions, permitted uses, and all development requirements. Sale is subject to Detroit Land Bank Authority requirements and approval. DLBA Disclosure: DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.
Listed by Erick Monzo · Keller Williams Realty-Great Lakes
Estimate only — principal & interest, no taxes or insurance. Rates change daily; confirm with your lender.
$94/mo
$3,700 down · $14,800 financed
Loading similar listings…
Listing information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Listings are provided courtesy of the participating listing broker. This information is believed accurate but is not warranted and all measurements and calculations are approximate.
10 photosActive4826 Fischer Street, Detroit, MI 48214
Detroit, MI 48214
2 bd · 1 ba · 1,034 sqft
11 photosActive3214 Vicksburg Street, Detroit, MI 48206
Detroit, MI 48206
3 bd · 1 ba · 1,242 sqft
4 photosActive14537 Washburn Street, Detroit, MI 48238
Detroit, MI 48238
3 bd · 2 ba · 1,020 sqft