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$499,900
20240032036 MLS
Large buildable parcel on the corner of E. Lincoln and Irving near dowtown Royal Oak! Zone residential overlay with a couple different options. Could be split for 2 buildable lots with 74 feet of frontage on newly repaved Lincoln Rd and 60 feet of frontage on Irving. Could also do two 4 unit apartment buildings or one 8 unit aparment building. Perfect for the creative builder. Note this parcel does not include the home next door at 712 E. Lincoln. Can also be purchased for $874,900 with 712 E. Lincoln which is a clean updated 1650 sq ft 2 family home that is always rented, current rents are low at $2,650...landlord pays all utilities except cable / internet. This will provide 142 feet of frontage and .61 acres on E. Lincoln and allow for 3 or 4 buildable lots or many other multi unit options. See MLS# 20240029784 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 !! Prior home on 720 has already been demo'd and parcel is ready to go! All taxes are estimated and subject to change. Buyer to verify all information with City of Royal Oak.

720 E LINCOLN, Royal Oak

Listing courtesy of 3DX Real Estate LLC Troy.

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