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$ 359,995
Est. payment /mo
New
254 Lincoln Avenue Clawson, MI
2 Baths
7,405 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Clawson
Subdivision Clawson
MLS Listing ID 20261086033
HOA Y/N true
Year Built 1962
Annual Tax Amount $8,487
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 50X126.2
Source Realcomp
Property Description
PRIME, PRIME, PRIME LOCATION! Incredible investment opportunity just steps from the heart of Downtown Clawson! Located at 254 Lincoln Avenue, this ranch-style duplex features two separate units (1-bedroom and 2-bedroom), offering excellent potential for investors or owner-occupants looking to offset their mortgage with rental income. Enjoy walking distance to Downtown Clawson's restaurants, coffee shops, shopping, and entertainment, including the highly anticipated Noble Village development. With multiple new construction and redevelopment projects transforming the downtown area, this is an opportunity to invest in one of Oakland County's desirable walkable communities! Updates include brand new roof 2019, brand new concrete driveway in 2020 and brand new Wallside windows in 2022 with fully transferable lifetime warranty.Both units feature functional layouts, hardwood-style flooring, and private entrances. The property also offers a spacious, tree-lined yard and convenient laundry facilities. Opportunity for light cosmetic improvements to maximize rental potential, with projected market rents of approximately $1,600 and $2,000 per month ($3,600 combined). Currently occupied by the owner and an acquaintance. Owner intends to deliver vacant possession at closing; other occupant may remain for up to 30 days after closing, subject to agreed terms. A rare opportunity to own a duplex in the heart of Downtown Clawson!NO SHOWING UNTIL ACCEPTED OFFER!
Location
State MI
County Oakland
Zoning Multi-Family
Direction N OF 14 MILE, E OFF LIVERNOIS ONTO LINCOLN TO PROPERTY
Rooms
Basement Slab
Interior
Heating Hot Water
Cooling Window Unit(s)
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Clawson
Others
Tax ID 2034354013
Acceptable Financing Assumable, Cash, Conventional, FHA, Rural Development, VA Loan
Listing Terms Assumable, Cash, Conventional, FHA, Rural Development, VA Loan
Listed by National Realty Centers, Inc