2440, 2480, 2400 S Baldwin Road, Orion Charter Township, MI

Name: 2440, 2480, 2400 S Baldwin Road, For Sale in Orion Charter Township - Zoocasa
Brand: Tepee Realty
SKU: 20261069544
Price: 1250000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$1,250,000

000

MLS® 20261069544

Overview

Key Facts

Type Other

Levels Commercial Sale

Size 5011 sqft

Garage Yes

Maintenance Fees

Taxes $9,100

Days Active 32

Approx. Age 1999

Avg. Price Per Sqft $249

MLS® Number 20261069544

Property Address: 2440, 2480, 2400 S Baldwin Road, Orion Charter Township, MI, 48360

Average square foot calculated using Size range provided by listing agent.

Description

Investment property with estimated $400, 000+ profit potential. R-3 Zoning would allow for Four (4) waterfront new home sites in this prime time community. The McMansion at 5011 square feet Could be a profitable vacation rental as 1 or 2 units with approval of the Township. The numbers here are of potential corporate rent $7, 500 for executive transfers into the metropolitan Detroit area, plus detached 3 car 1, 000 sq ft garage to a local car collector. There are 2 recent surveys on the existing two (2) tax items. Profit potential is based upon combining both tax parcels into a request for splitting into five (5) tax items. One would continue as the 5011 square foot house, a second would include the detached 1000 square foot detached garage as a new home site, the balance ov vacant land petitioned into three (3) buildable sites. City water is installed in the house and is available across the street to the second tax item. Public sewer is within 500 feet of the vacant parcel and conveniently downhill. Investors are looking at this in multiple ways, the simplest profit plan maybe to purchase the large house, do a little upgrade and staging and sell for a minor profit. Before resale split the tax parcels into valuable Oakland County waterfront home sites. The owner is offering sellar financing on both or either tax parcels. Purchaser may want to consider buying the house with an option on the vacant land thus granting enough time for necessary municipal approvals. Note almost 500 feet of waterfront development land in Lake Orion School District!

MLS® Number20261069544

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageYes

Approx. Age1999

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatForced Air, Natural Gas, Radiant

A/CCentral Air, Heat Pump

Extras

Map

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