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300-304 BAKER Street Royal Oak, MI 48067
- Vacant Land / Owner Financing
Property Details for null St, Royal Oak, MI 48067
Facts
- Property ID : View Details
- MLS Number : View Details
- Property Type : View Details
- County : View Details
Sale Type
This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.
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)
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Property Brokerage:
RE/MAX CLASSIC
36700 Woodward Ave Ste 100
Bloomfield Hills
MI
48304
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All information provided is deemed reliable, but is not guaranteed and should be independently verified.
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