720 E Lincoln Avenue Royal Oak, Michigan 48067
$899,900

Bedrooms

. Baths

Sq. Ft.

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 !!

Location information

Zip Code 48067
City Royal Oak
County

Property data

Status Active
MLS # 20221027783
Type Vacant Land

Additional information

Interior

Bedrooms
Bathrooms
Half Baths
Features
Appliances
Fireplace Description ,

Exterior

Style
Construction
Built In
Stories
Parking ,
Features
Lot Description Corner Lot,Possible Basement,Residential Structure on Property

Provided through IDX through Realcomp II Ltd.Courtesy of “”. Information Deemed Reliable But Not Guaranteed. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Copyright 2023 Realcomp II Ltd. Shareholders.

Hall & Hunter Realtors

+1 248 644 3500

info@hallandhunter.com

Mortgage Calculator

How much will my monthly payment be?
Amounts Reset
Purchase Price
Down Payment (20%)
Loan Rate Payment
30yr Fixed
15yr Fixed
More Homes For Sale In Royal Oak

306 Hendrie Boulevard Royal Oak, Michigan 48067

$1,499,999
MLS #20221037466
Realcomp IDX

623 Kayser Avenue Royal Oak, Michigan 48067

$1,199,900
MLS #20221041879
Realcomp IDX

4101 Buckingham Road Royal Oak, Michigan 48073

$1,100,000
MLS #20221044970
Realcomp IDX