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300 Baker St - 300-304 Baker 0.54 Acres of Residential Land Offered at $1,116,596 CAD in Royal Oak, MI 48067
INVESTMENT HIGHLIGHTS
- Zoned Multiple- walk to downtown Royal Oak
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $1,116,596 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Redevelopment Project | Proposed Use | Apartment Units - Condo |
| No. Lots | 1 | Total Lot Size | 0.54 AC |
| Zoning | Multi - Multi-use | ||
| Price | $1,116,596 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units - Condo |
| Total Lot Size | 0.54 AC |
| Zoning | Multi - Multi-use |
1 LOT AVAILABLE
Lot
| Price | $1,116,596 CAD | Lot Size | 0.54 AC |
| Price Per AC | $2,067,771.18 CAD |
| Price | $1,116,596 CAD |
| Price Per AC | $2,067,771.18 CAD |
| 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)
Presented by
RE/MAX Classic
300 Baker St - 300-304 Baker
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