7116 Ternes Street Dearborn MI 48126 MLS #20261060195

Great opportunity to acquire a city-owned, Residential-zoned (A) lot that is situated close to essential amenities. Perfect for single housing development, this property is offered as a cash-only, “as-is” sale with a requirement that the successful bidder commence construction within 24 months of closing and close within 90 days of the effective date of the purchase agreement. Per city policy, the property will remain on the market for a minimum of two (2) weeks prior to bid reviews; all offers are welcomed, though the city reserves the right to reject any bid. Buyer and buyer’s agent to independently verify all measurements, zoning, flood zone status, and building code guidelines.