$300,000
$400,000
25.0%For more information regarding the value of a property, please contact us for a free consultation.
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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