• 248-247-1040
  • Support@MiRealSource.com

$499,900 for Sale

720 e lincoln, royal oak, MI 48067

View Map
Property Description
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.
General Information
Sale Price: $499,900
Price/SqFt:
Status: Active
MLS#: 60307428
City: royal oak
Post Office: royal oak
Schools: royal oak neighborhood schools
County: Oakland
Subdivision: lincoln grove
Acres: 0.42
Lot Dim: 74x188x135x60x70x130
Acreage: 0.42 est.
Tax, Fees & Legal
Est. Summer Taxes:  $8,096
Est. Winter Taxes:  $1,432


Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. ©2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is 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. Listing By: Paul Corona of 3DX Real Estate LLC Troy

This listing last updated: Wed, June 05, 2024 at 1:10:52 PM EDT

MIRealSource Listing Data Last Updated On Thursday, July 11 2024 at 9:15am
Share this property
Listings presented by:
Paul Corona
3DX Real Estate LLC Troy
Call: (586) 634-3417

Ask about this property