300-304 Baker Street Royal Oak, MI $ 1,000,000
300-304 Baker Street
$ 1,000,000
New Construction
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300-304 Baker Street

Royal Oak, MI, 48067
$ 1,000,000
Baths0.0

Monthly Estimate*

$ 6,646

300-304 Baker Street, Royal Oak, MI 48067 - Image 1
300-304 Baker Street, Royal Oak, MI 48067 - Image 2
Studio

Lots and Land for sale in Royal Oak, MI

for $1,000,000. The lot size is 0.54.

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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Lots and Land Active

Price

$ 1,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 4,997

Style

Vacant Land

Lot Size

0.54

Town/City

Royal Oak

County/Region

Oakland

MLS | Web ID

20230006196

Features
General
Sewer Public Sewer (Sewer-Sanitary)
Possession Subject To Tenant Rights
Zoning Multi-Family Residential
Property Type Vacant Land
Transaction Type Sale
Status Active
Short Sale No
Cumulative Days on Market 489
MLS Area Royal Oak
Directions EAST OF WOODWARD AVENUE AND NORTH OFF 11 MILE ROAD
City Royal Oak
Terms Offered Cash Contract Conventional Trade/Exchange
School District Royal Oak
Land Contract 1
Ownership Status Short Sale - No Private Owned
Street Name BAKER
Assessment 0.00
DOM 489
Taxes 4997.0000
Legal Description T1N R11E SEC 16 MAPLE GROVE SUB LOT 134
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Exterior
Waterfront 0
Improvements Sidewalks
Lot Size Area 0.54
Water Source Public (Municipal)
Lot Size Dimensions 80X294
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Interior
Street Suffix Street
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Andrew A Konopada

Listing Agent

Re/Max Classic

Broker

(248) 646-5000

Phone

Affordability Calculator

$7,063
Per Month
94%
6%
0%
Monthly Principal & Interest
$6,646
Monthly Property Taxes
$416
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848261 Elementary School
848790 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/8/2024$1,000,000 Listed Price

Map


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300-304 Baker Street, Royal Oak, MI, 48067 is a Lots and Land for sale at $1,000,000 with a lot size of 0.54. 300-304 Baker Street is a studio with 0.0 baths. The property's zip code is 48067 which is in Royal Oak, MI