2 houses (currently 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 UP TO 16 units. Baker street is walking distance to downtown Royal Oak & currently new construction condos are selling for over $625,000.00 or renting for over $3,400, $3,500.00 per month. (OWNER IS LICENSED)
- Price:
- $1,200,000
- Acreage:
- 0.54
- Listing ID #:
- 20230006196
- Street Address:
- 300-304 Baker St
- City:
- Royal Oak
- State:
- Michigan
- Postal Code:
- 48067
- County:
- Oakland
- Community:
- Royal Oak
- Listing Status:
- Active
- Listing Type:
- Vacant Land
School District: Royal Oak
- Conforms To Zoning:
- Multi-Family, Residential
- Land Improvements:
- Sidewalks
- Road Frontage:
- 80
- Road Frontage Type:
- Paved, Pub. Sidewalk
- Days On Market:
- 66
- Financing Options:
- Cash, Conventional, Trade/Exchange
- For Sale Or Lease?:
- Sale
- Summer Tax:
- 3856.0000
- Winter Tax:
- 1141.0000
- Existing Water:
- Public (municipal)
- Sewage Type:
- Public Sewer (sewer-Sanitary)
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
