Royal Oak, MI 48067 3356,720 E LINCOLN Avenue
Royal Oak, MI 48067 3356,720 E LINCOLN Avenue
Royal Oak, MI 48067 3356,720 E LINCOLN Avenue
3
$842,000
$874,900
3.8%
Est.Price: ?

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0.61 Acres Lot

720 E LINCOLN Avenue Royal Oak, MI 48067 3356

Est. payment /mo
SOLD DATE : 08/12/2024

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Key Details

Sold Price $842,000

Property Type Vacant Land

Sub Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 60307413

Sold Date 08/12/24

Style Vacant Land

Annual Tax Amount $9,528

Lot Size 0.610 Acres

Acres 0.61

Lot Dimensions 142.00 x 188.00 x 133.00

Property Description

Large buildable parcel on the corner of E. Lincoln and Irving! 142 feet of frontage on newly repaved Lincoln Rd near downtown Royal Oak with many options. Zoned residential overlay, this parcel also includes the home next door at 712 E. Lincoln for a total of .61 acres. Preliminary options would be for 2 - (8) unit apartment buildings, 3 - (4) unit condos/ apartments or townhome style, 3 or 4 buildable lots or whatever other ideas the creative builder may have in mind. As already stated this purchase price includes 712 E. Lincoln which is a clean updated 1650 sq ft 2 family home that is always rented, current rents are low at ..landlord pays all utilities except cable / internet. Can also be purchased for without 712 E. Lincoln and have 2 buildable lots on Lincoln and Irving. See MLS# 20240032036 for details. This is a great piece of property that does not come up for sale often near downtown RO. If you walk the property please stay on the 720 E. Lincoln side and do not disturb the tenants at 712. Owner has a valid MIchigan salesperson license but not is not the listing agent. Agent will forward any pertinent questions to the seller for answers. Help to keep improving RO and put a solid investment to work for you !! Buyer to verify all information.

Location

State MI

County Oakland

Area Royal Oak (63251)

Zoning Residential

Exterior

Waterfront No

Building

Lot Description Sidewalks

Water Public Water

Schools

School District Royal Oak Neighborhood Schools

Others

Ownership Private

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by 3DX Real Estate LLC Troy
Bought with Good Company

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Mary Aubrey-Rogers

Broker Associate | License ID: 6506043343

+1(313) 319-5679

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