$200,000
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Property Description
Prime Investment Opportunity on Michon St – Subdividable Lot with Endless Potential!Discover this .24-acre flat, cleared parcel offering exceptional flexibility and value. With 106 feet of frontage, this property can be divided into two separate lots, each available for $100,000 — an ideal setup for building two duplexes, single-family homes, or multi-family or industrial building. Backing up to 105 Dubois St, the lot is conveniently located and ready for development. The seller already holds an easement for connection to city water and sewer, streamlining the building process.The seller is also willing to separate and divide the parcel should a buyer wish to purchase just one lot instead of the full .24-acre parcel. Whether you’re an investor, builder, or developer, this property offers multiple paths for opportunity and strong potential returns.
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Highlights
- Area: Indian Orchard
- Property Type: Residential
- Property Class: Land
- Status: Closed
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Additional Details
- Lot Features: Easements, Level
- Zoning: I2
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Amenities
- Community Features: Public Transportation, Shopping
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Utilities
- Electric: On-Site
- Water Source: Private, Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $35,900
- Taxes: $1,264
- Tax Year: 2025
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