Royal Oak, MI 48073
MLS# 20261057342
Exceptional development opportunity on an extra-large 1/4-acre lot located on a beautiful street surrounded by new construction. With new homes built on both sides and throughout the block, this site offers an ideal setting for a new construction project. The property provides flexibility for developers, builders, or investors looking to create a new home in an established neighborhood with strong surrounding development momentum. The existing improvements include a fully occupied bungalow-style duplex with one upper and one lower unit, each offering 2 beds and 1 bath, along with a detached two-car garage, full basement, and large backyard. Benefit from in-place rental income while finalizing development plans and obtaining the necessary approvals. Also see: MLS 20261056042 for more info on this property as a residential rental sale.PLEASE DO NOT DISTURB TENANTS OR WALK THE PROPERTY WITHOUT APPROVAL.
Listed by Emil Cherkasov · Forward Commercial Group
Estimate only — principal & interest, no taxes or insurance. Rates change daily; confirm with your lender.
$1,770/mo
$70,000 down · $280,000 financed
Listing information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Listings are provided courtesy of the participating listing broker. This information is believed accurate but is not warranted and all measurements and calculations are approximate.
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