Vacant residential lot just west of Livernois and north of 6 Mile. Lot size is 37 ft wide x 111 ft deep. Close to the many developments and revitalization in the Live 6 area. Near University District, palmer park, restaurants & retail on the Livernois Avenue of Fashion, Bucharest Grill, B. Siegel Lofts, Bakers Lounge & University of Detroit. Approximately 2 miles to Ferndale. May be eligible for NEZ and other tax credits/incentives. Can be new single family home or potential multi-family 2 unit/3unit/4 unit new construction rentals or condos. [The renderings of multi-family new construction at 4530 Commonwealth street in Detroit] Very few vacant lots in the area. Refurbished homes on Monica street are asking in the $300,000 range. One example of refurbished home on the market is at 17132 Monica. In addition there is large 38,000 square foot nine million dollar multifamily/mixed use development that a recent Crain's article says is expected to break ground soon at the corner of Monica street and W McNichols. The project is currently called '7303 W McNichols' and the last photo is the rendering of the development. Property taxes are currently under $75 per year. Cash only sale and quit claim deed as lot was acquired from Wayne County.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
