Sold
720 E LINCOLN Avenue
Royal Oak MI, 48067
$842,000
$31.69 per sqft
Sold
0.61 Acres
Land
Large buildable parcel on the corner of E. Lincoln and Irving! 142 feet of frontage on newly repaved Lincoln Rd 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) unit condos/ apartments or townhome style, 3 or 4 buildable lots or whatever other ideas the creative builder may have in mind. As already stated this purchase price includes 712 E. Lincoln which is a clean updated 1650 sq ft 2 family home that is always rented, current rents are low at ..landlord pays all utilities except cable / internet. Can also be purchased for without 712 E. Lincoln and have 2 buildable lots on Lincoln and Irving. See MLS# 20240032036 for details. This is a great piece of property that does not come up for sale often near downtown RO. 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 !! Buyer to verify all information.
20240029784
MLSⓇ ID
May 3, 2024
Listed
August 23, 2024
Updated
Map
720 E LINCOLN Avenue
Royal Oak MI, 48067
Exterior/Building Features
Lot Size
0.61 Acres
Lot Features
Corner Lot
School Information
School District
Royal Oak
Other Property Details
Area Name
Royal Oak
Taxes
$9,528
Tax Frequency
Annually
Days on Market
23
Garage
No
View
No
County
Oakland
Pool
No
Listing History
Date | Event | Price |
---|---|---|
8/20/2024 | Sold | $842,000 |
6/5/2024 | Under contract | — |
Courtesy of 3DX Real Estate LLC Troy
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Meredith Colburn shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. IDX information is provided exclusively for 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.
Provided through IDX through Realcomp II LTD
Originating MLS:
©2024 Realcomp II LTD Shareholders
Data last updated 1:03 PM UTC, 8/23/2024