300-304 Baker Street, Royal Oak, MI 48067

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LandFor Sale

$1,000,000

300-304 Baker Street

Royal Oak, MI 48067

Listed by: Re/max Classic, (248) 646-5000

MLS: Realcomp II Ltd

Est. Mortgage

$5,262/mo

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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