Ferndale, MI 48220,3318 BERMUDA ST
Ferndale, MI 48220,3318 BERMUDA ST
Ferndale, MI 48220,3318 BERMUDA ST
Ferndale, MI 48220,3318 BERMUDA ST
Ferndale, MI 48220,3318 BERMUDA ST
Ferndale, MI 48220,3318 BERMUDA ST
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$300,000

$400,000

25.0%
Est.Price: ?

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Est. payment /mo

0.27 Acres Lot


SOLD DATE : 02/13/2019

Key Details

Sold Price $300,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Woodward Heights Royal Oak Add

MLS Listing ID 218111486

Sold Date 02/13/19

Originating Board Realcomp II Ltd

Annual Tax Amount $1,523

Lot Size 0.270 Acres

Acres 0.27

Lot Dimensions 85 x 140 x 85 x 140

Property Description

Lots 240 and 241 at 3318 Bermuda have a combined square footage of 11,935. Located smack dab in the middle of a thirty-two million dollar investment development its strategic location and R3 multifamily zoning is a prime for the savvy investor/builder. At more than a quarter of an acre the city allows up to 8 units on this property. A fitness center and market place is planned nearby and the location is ideal for commuters using 75 and 696 towards their workplace. The sale includes Parcels 2527202011 and 2527202012 and must be purchased together. Iron Ridge Marketplace is in development stage. The value is in the land and buyer to assume cost of removing the house/shed on Lot 240. The sale of these two lots is contingent upon the seller finding another property to purchase. Possession is set within 120 days of the closing. BATVAI.

Location

State MI

County Oakland

Area Ferndale

Zoning Multi-Family

Direction Take service drive for 696 East off Woodward to stop light at Bermuda and then right, 3rd house on left.

Exterior

Waterfront no

Road Frontage Paved, Pub. Sidewalk

Building

Sewer Sewer-Sanitary

Water Municipal Water

Schools

School District Ferndale

Others

Tax ID 2527202012

Ownership Private Owned,Short Sale - No

Assessment Amount $168

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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Realcomp MLS
Listed by Judy Armstrong Hall of Coldwell Banker Weir Manuel-Roch
Bought with Non Realcomp Office

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JEFF HIGGINS

Managing Partner | License ID: 6506046014

+1(248) 233-6165

280 North Old Woodward Avenue, Suite 100, Birmingham, MI, 48009, United States

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