Ferndale, MI 48220
MLS# 20261083067
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. City approvals are secured, 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!
Listed by Alyse Robertelli · KW Domain
Estimate only — principal & interest, no taxes or insurance. Rates change daily; confirm with your lender.
$632/mo
$25,000 down · $100,000 financed
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