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$350,000
Est. payment /mo
0.25 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Municipality Royal Oak City
Subdivision Royal Oak City
MLS Listing ID 20261057342
Annual Tax Amount $6,350
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 78X140
Source Realcomp
Property Description
Exceptional development opportunity on an extra-large 1/4-acre lot located on a beautiful street surrounded by new construction. With new homes built on both sides and throughout the block, this site offers an ideal setting for a new construction project. The property provides flexibility for developers, builders, or investors looking to create a new home in an established neighborhood with strong surrounding development momentum. The existing improvements include a fully occupied bungalow-style duplex with one upper and one lower unit, each offering 2 beds and 1 bath, along with a detached two-car garage, full basement, and large backyard. Benefit from in-place rental income while finalizing development plans and obtaining the necessary approvals. Also see: MLS 20261056042 for more info on this property as a residential rental sale.PLEASE DO NOT DISTURB TENANTS OR WALK THE PROPERTY WITHOUT APPROVAL.
Location
State MI
County Oakland
Zoning Residential
Direction 13 Mile to S Rochester to Midland
Exterior
View Y/N No
Schools
School District City Of Royal Oak
Others
Tax ID 2503356018
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Forward Commercial Group
Nearby School & Business
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