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300-304 Baker Street

Royal Oak, MI 48067
  • $1,000,000
  • STATUS: Active
  • ON SITE: 484 Days
  • ID#: 20230006196
UPDATED: 20 min ago
$1,000,000
  • 0
    BEDS
  • 0.54
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:
Zoning:
Multi-Family,Residential
Lot Size Dimensions:
80X294

School Ratings & Info

School District:

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)

Monthly Payment Calculator



IDX provided courtesy of Realcomp II Ltd. via The Home Team | EXP Realty LLC and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Home Team | EXP Realty LLC are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-05-24T07:00:13.83.
www.thehometeamexp.com/homes/136457018
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300-304 Baker Street Royal Oak, MI 48067

  • Price: $1,000,000
  • Status: Active
  • On Site: 484 Days
  • Updated: 20 min ago
  • ID#: 20230006196
0
Beds
0
Baths
0
½ Baths
0.54
Acres
Neighborhood:
Royal Oak
County:
Oakland
Area:
Royal Oak
School District:
ROYAL OAK
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)
Exterior Features

Improvements Sidewalks Lot Size Dimensions 80X294 Road Frontage Feet 80 Road Frontage Type PavedPub. Sidewalk Waterfront YN No

Property Features

Assessment 0.00 Deposit Amount 500000.00 Existing Lease YN Yes Land Contract YN Yes Land Interest Rate 7 Land Payment 5000 Land Terms 12 Listing Financing CashContractConventionalTrade/Exchange Ownership Status Short Sale - NoPrivate Owned Possession Subject To Tenant Rights Postal City Royal Oak Protection Period 180 Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No State Equalized Value 130520.0000 Tax Amount Summer 3856.0000 Tax Amount Winter 1141.0000 Title Standard (Private) Total Tax 4997.0000 Transaction Type Sale Unparsed Address 300-304 BAKER Street Water Source Public (Municipal) Zoning Multi-FamilyResidential

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via RE/MAX Classic: (248) 646-5000 and Realcomp, ©2024 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via The Home Team | EXP Realty LLC and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Home Team | EXP Realty LLC are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-05-24T07:00:13.83.
 
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