Rare Opportunity in Burns Park - Exceptional Development Potential. Welcome to this unique and highly sought-after property in Ann Arbor's Burns Park neighborhood, offering extensive building, renovation, or investment possibilities. Situated in the heart of the city, this spacious lot features an existing 7-bedroom, 3-bathroom home that can be either
thoughtfully renovated or completely replaced with new construction. Zoned R2B, this property presents a special opportunity for development tailored to University of Michigan-affiliated organizations, making it ideal for student housing, co-ops, or group
residences. Also enticing, the current zoning allows for a second home to be built at the rear of the
property, with a building footprint exceeding 3,000 square feet. Whether you're looking to
restore the charm of the existing residence or develop a multi-unit investment property, the
options are truly remarkable.
Active
$1,295,000
1412 Cambridge Rd, Ann Arbor, MI 48104
7beds
3,557sqft
Est.:
Single Family Residence
Built in 1930
0.37 Acres Lot
$1,227,200 Zestimate®
$364/sqft
$-- HOA
What's special
Spacious lot
- 2 days |
- 894 |
- 21 |
- Loading
- Loading