3746 Auburn Road $550,000

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    3746 Auburn Road Auburn Hills, MI 48326

    • 1.66 Acres
    • Land
    • MLS# 60274451
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    Views: 66 Days On Site: 158

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    Property Details

    Description Tours

    Discover a rare investment opportunity in Auburn Hills, with this exceptional property for sale. Situated in close proximity to the downtown area and Oakland University, this property offers immense potential for developers and investors. Boasting a total of 1.66 acres of land, zoned residential, and featuring a house and outbuilding, this prime real estate presents an exciting prospect for building condos, as endorsed by the City of Auburn Hills. Located in the heart of Auburn Hills, this vacant land benefits from its strategic position near the downtown area and Oakland University. With easy access to major highways and transportation routes, residents will enjoy convenient connectivity to nearby cities and attractions. With the increasing demand for housing in the area, this land presents an excellent opportunity to capitalize on the growing market. The land provides ample space for the development of multiple units, ensuring a potentially lucrative return on investment. With 144 feet of frontage, this property offers excellent visibility and accessibility. The existing house and outbuilding could be removed or could be renovated, you choose. The residential zoning ensures that the land is suitable for the construction of condos, aligning with the city's vision for growth and development. Contact us today to explore this promising real estate venture and secure your stake in Auburn Hills' thriving market.

    • General Features
      • Style Vacant Land
      • Acreage 1.66
      • Area Municipality Auburn Hills (63141)
      • County Oakland
      • Originating MLS RealComp
      • Ownership Private
      • Waterfront Y/N No
      • ZONING Residential
    • Property Features
      • Lot Size 144 X 534 X 144 X 534
      • Roads Paved Street
      • Sewer Septic Public Sanitary
      • Water Public Water
    • Schools
      • School District Avondale School District

    Contact

    Ryan Newman

    Ryan Newman

    Sales Associate

    RE/MAX Select

    Direct: 810-600-2048

    Neighborhood

    48326 (Auburn Hills) Demographics

    35 Median Age
    1,277 Population Density (per sq. mile)
    57% College Educated
    $69,649 Estimated Median Income
    4,716 Estimated Total Home Owners
    5,430 Estimated Total Renters
    46% / 54% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    22,856 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $387,500 Median Sales Price
    16 Homes Sold
    33 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $550,000
        12/26/2023 9:20:17 PM Price Reduced Source: Multiple Listing Service New Value: $550,000 -26.67%
        11/28/2023 3:52:00 PM New in Database Source: Multiple Listing Service New Value: $750,000

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        ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.