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300 Baker St - 300-304 Baker
0.54 Acres of Residential Land Offered at £783,300 in Royal Oak, MI 48067
Investment Highlights
- Zoned Multiple- walk to downtown Royal Oak
Executive Summary
Property Facts
| Price | £783,300 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Conditions | Development Sale | Total Lot Size | 0.54 AC |
| No. Lots | 1 |
| Price | £783,300 |
| Sale Type | Investment |
| Sale Conditions | Development Sale |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.54 AC |
1 Lot Available
Lot
| Price | £783,300 | Lot Size | 0.54 AC |
| Price Per AC | £1,450,556 |
| Price | £783,300 |
| Price Per AC | £1,450,556 |
| Lot Size | 0.54 AC |
Zoned Multiple, currently 2 houses (both rented) each sitting on 40 x 294 lots- or 80- x 294 combined or .53 of an acre which currently permits building 6 new units
Description
Zoned Multiple, currently 2 houses (both rented) each sitting on 40 x 294 lots- or 80- x 294 combined or .53 of an acre which currently permits building 6 new units! However, both homes are surrounded by apartments & condos ON ALL 3 SIDES! Potential of more than 6 units (10,12, 16?) . Baker street is walking distance to downtown Royal Oak & currently new construction condos are selling for over $625,000.00 or renting for over $3,300 or $3,500.00 per month. Short term Land Contract OK! (OWNER IS LICENSED)
zoning
| Zoning Code | Multi (Multi-use) |
| Multi (Multi-use) |
Presented by
RE/MAX Classic
300 Baker St - 300-304 Baker
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