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About This Home

This 2-bedroom, 2-bathroom single family at 24811 W 9 Mile Road in Southfield, MI is listed for $375,000 ($314 per sqft). Built in 1957, the home offers 1,196 sqft of living space on a 1.89 acres lot.

Agent Description

Rare 1.89-acre redevelopment opportunity in the heart of Southfield with substantial frontage along W Nine Mile Rd. Listing includes 24811 W Nine Mile Rd and sale also includes parcel IDs 24-32-202-068 and 24-32-202-069. Excellent opportunity for builders, developers, and investors seeking residential redevelopment potential.

Preliminary review indicates potential for up to five (5) single-family R-1 compliant lots subject to municipal approval, land division review, and final survey/engineering. R-1 standards generally require approximately 70 feet of frontage and 9,000 sq ft per lot.

Preliminary multifamily density discussions may support redevelopment concepts of up to approximately fifteen (15) 3-bedroom residential units pending rezoning, site plan approval, engineering, utilities, and public hearing process. Strong regional location with convenient access to major corridors, employment centers, retail, and transportation routes. Buyer to verify all zoning, density, frontage, utility, engineering, and development information with the City of Southfield.

Key Features

  • Built in 1957
  • 1.89 acre lot

Property Details

1 story
1 full, 1 half
1957

Monthly Cost Estimate

$2,006/mo

20% down · 6.5% · 30 years

Principal$271
Interest$1,625
Insurance$109

Estimates only. Actual payments may vary.

Location

24811 W 9 Mile Road

Southfield, MI 48033

Leewrights

Property Details

Construction

Aluminum

Heating

Forced Air

Questions & Answers

This 2-bedroom, 2-bathroom single family at 24811 W 9 Mile Road is listed at $375,000 ($314/sqft). The estimated monthly payment is $1,625 based on 20% down at 6.5% interest.

Key features include: Built in 1957, 1.89 acre lot.

This property is listed by Jeremy Gabbara and can be reached at (248) 304-6700 or JGabbara@live.com.

JG

Jeremy Gabbara

Agent at Max Broock Realtors

(248) 304-6700

Listed by Max Broock Realtors · View on Broker Site

MLS# 20261032477· Source: listhub· Updated 25 days ago

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24811 W 9 Mile Road, Southfield, MI 48033

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