LOT A, B, C GROVECREST Pending

Rochester Hills,MI 48307

$ 450000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Pending

Purchase Type For Sale

Subdivision Walnut Creek

MLS Listing ID 20240080764

Annual Tax Amount $5,477

Lot Size 1.120 Acres

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 Rochester Hills

Zoning Residential

Exterior

Waterfront no

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Schools

School District Rochester

Others

Acceptable Financing Cash,Contract,Conventional

Listing Terms Cash,Contract,Conventional

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