254 Lincoln Avenue, Clawson, MI 48017 2188

$359,995
2
BA
1,646
SqFt

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List Price
$359,995
Status
ACTIVE
MLS#
61041379
Days on Market
3
Style
Ranch
Year Built
1962
Bathrooms
2
Acres
0.17
Living Area
1,646
Municipality
Clawson
Region
Clawson
Township
Clawson
Subdivision
Mapleleaf

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!

Additional Information

Lot Dimensions
50 x 126.2
Heating
Hot Water
Cooling
Ceiling Fan(s), Window Unit(s)
Appliances
Gas Water Heater
Foundation
Slab
Water
Public
School District
Clawson City School District

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Listing Courtesy of National Realty Centers, Inc, Office Phone: 248-724-1234

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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.