Large parcel 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) units condos apartments or townhome style, 3 buildable lots or whatever other ideas the creative builder may have in mind. For note, 712 is not available without the purchase of 720, although some of the lot may be resized off of 712 to make the lot at 720 larger for any project in mind and then keep 712 as a rental or a project for later…( call to discuss) 712 is a clean updated 1650 sq ft 2 family home that is always rented, current rents are low at $2,530…landlord pays all utilities except cable internet. This is a great piece of property that does not come up for sale often near downtown RO. In addition the property next door is currently listed for sale that would give 250 feet of frontage on newly repaved and updated East Lincoln and possibly another 8 unit apartment building, or again whatever the creative builder chooses. 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 !!