$ 450,000
LOT A, B, C GROVECREST Rochester Hills, MI 48307
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$ 450,000
Est. payment | /mo
1.12 Acres Lot
$ 450,000
Est. payment | /mo
1.12 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Municipality Rochester Hills
Subdivision Rochester Hills
MLS Listing ID 20240080764
Originating Board Realcomp
Annual Tax Amount $5,477
Lot Size 1.120 Acres
Acres 1.12
Lot Dimensions 290 X 168
Property Description
Attention Builders! Explore the possibilities with this remarkable property. This 3-bedroom, 2.5-bath brick ranch located at 515 E. Avon Rd (also listed as residential see interior photos there) is situated on a rare 1.12-acre parcel, which has the potential to be divided into three 97 x 167 lots with the demo of the home. These 3 lots would front onto tree-lined Grovecrest, complete with existing sidewalks and larger upscale homes. The property features several mature trees and offers the possibility for walkout or daylight basements. This solid home could also be expanded with a second floor or additions to create a spacious estate sized home with a long, winding driveway off Avon Rd. Not ready to build just yet? This clean and updated home is move-in ready and could be rented out immediately at closing, allowing you to start generating income while you finalize your plans. The seller is open to Land Contract terms. Enjoy desirable Rochester Schools in this exceptional area, perfect for your big ideas!
Location
State MI
County Oakland
Area Oakland County - 70
Zoning Residential
Direction Take Avon East of Rochester Road to 515 E. Avon Rd. Sign is on Avon but lots will face Grovecrest
Exterior
Waterfront No
View Y/N No
Others
Tax ID 1514453047
Acceptable Financing Cash, Conventional, Contract
Listing Terms Cash, Conventional, Contract
Listed by National Realty Centers, Inc