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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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141 W Elizabeth St , Lake Orion, MI 48362
$500,000
Est. Payment: $1,111.11/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 104
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371586 - 272278
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House Description

Great potential in this prime building lot in the Village of Lake Orion. This listing is for 2 lots. The listing info is for 141 W Elizabeth, property ID #0902403022 (the legal shown for this parcel only). The second lot to the west is parcel ID #0902403021. The overall lot size listed is for both parcels. All utilities available. There is an existing driveway and sidewalk. The zoning, per the Village, is both residential and planned unit development/multifamily. Looks possible to build a single family home, 2 homes (one on each lot) or multifamily (check with the village). The prior owner was contemplating building a sixteen unit apartment building. The information contained in this listing is deemed reliable but not guaranteed. Buyer to fully research ALL aspects of these parcels (zoning, utility location, building sizes/types, etc.). Survey in documents. Please have your agent make an appointment in ShowingTime so that we know when someone is walking the lots. Seller is related to a licensed broker in the state of Michigan.

Highlights

Listed by John Graham , 586-944-5646 John Graham Realty, LLC , 586-799-4700.

Property Type

Vacant Land

Lot/Acreage
0.79

County

Oakland

Neighborhood

Orion Charter Twp

School District

Lake Orion

Listing ID

20261041612

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Principal Interest
$1,111
Taxes
$183

Home Price

$500,000

Loan Details

30 yrs
%

Down Payment

20%
$100,000
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Monthly Price:
$1,111.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,111.11 $182.50 $0.00 $1,293.61
Yearly $13,333.33 $2,190.00 $0.00 $15,523.33
Total $400,000.00 $65,700.00 $0.00 $465,700.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Lake Orion, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.