Investor opportunity in the heart of Oakland County with lake privileges to Lake Orion. This multi-family property offers a rare chance to own a side-by-side duplex featuring each with 2 bedrooms and 1 bathroom.Built on a slab foundation, the structure provides a straightforward layout and low-maintenance footprint, making it an… Read More attractive option for rehabbers or long-term investors. The property does require significant updates and repairs throughout, offering strong upside potential for value-add improvements or a full renovation strategy.Located within a desirable lake-access community, residents enjoy privileges to Lake Orion, adding lifestyle appeal that can help drive rental demand or future resale value. With its flexible layout, investment potential, and sought-after location, this property is ideal for those looking to build equity through renovation or expand a rental portfolio in a waterfront community setting. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Liberty Way Realty.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Multifamily
Square Ft.
1,300
Lot Size
0.23 Acres
Year Built
1925
MLS Number
20261047582
30 Days Snapshot Of 48362
$419k
0%
(avg) sold price
19
-9%
homes sold
48
-12%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Basement?: 0
Building
2 total units, 2 leased units, 2 two-bedroom units, Built in 1925, Architectural style: Ranch, Other, 1,300 total square feet, 1,300 combined square feet, 1,292 total basement square feet, Unit count: 2
Fireplaces
Fireplace?: 0
Foundation
Crawl, Slab
Garage
Garage?: 0
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.23, Lot size dimensions: 70x150
Miscellaneous
Gross scheduled income: $0, Income projection: Projected, Monthly rental income: $0, Net operating income: $0
Pool
Pool?: 0
Property
Property type: Multifamily, Lake Privileges, Waterfront: Lake Orion
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