$1,000,000 for Sale
300-304 baker, royal oak, MI 48067
Property 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)
General Information
Sale Price: $1,000,000
Price/SqFt:
Status: Active
MLS#: 60186598
City: royal oak
Post Office: royal oak
Schools: royal oak neighborhood schools
County: Oakland
Acres: 0.54
Lot Dim: 80X294
Tax, Fees & Legal
Est. Summer Taxes: $3,856
Est. Winter Taxes: $1,141
Information provided by East Central Association of REALTORS
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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Andrew Konopada of RE/MAX Classic
