4671 Mcdougall St Detroit, MI 48207

This exceptional 3,624 square foot multifamily property at 4671 McDougall St, Detroit, MI 48207 presents a unique investment opportunity. Built in 1915, this two-story building sits on a 0.07-acre lot and is zoned B4, offering significant redevelopment potential. The property currently features two apartments and one retail space, all stripped down to the studs, ready for a complete rebuild. A new asphalt shingle roof has recently been installed. Parking is readily available with a two-car garage and additional street parking. The building boasts a 9-foot clear height, providing ample space for creative design and layout. Located in a developing area of Detroit, this property offers investors the chance to capitalize on the city's revitalization. The asking price is $195,000, translating to $53.81 per square foot. This is a rare chance to acquire a substantial property in a rapidly evolving neighborhood, perfect for those seeking a hands-on renovation project with significant upside. The property's existing infrastructure, combined with its prime location, makes it an ideal candidate for a variety of uses. Don't miss this chance to acquire a piece of Detroit's future.