MI > Oakland > Oakland > 1215 Stoney Creek Road

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1215 Stoney Creek Road Map / directions

Oakland, MI

48363 Market info

$1,795,000

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  • 39.95 Acres
  • MLS# 2210055787
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Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.
Exceptional 40 acre development site, with multiple walkout elevations and desirable pond sites in sought after Rochester School District on paved Stoney Creek Road. Natural gas at road. Across from new subdivision development. Myth Golf Course is just across the road. Township density for this property is 1.4-acre low residential density which adds great development potential. Currently has a 3 bed, 1.5 bath home on the property vacant with tenants. Rented for $2,000 per month and tenants can stay or leave with 30 day notice. Also has a 5 year renewable lease from Verizon, for $1,700 per month providing a continuous cash flow (value with a cap rate of 6% is $283,000). Rare investment opportunity for development, short term residential lease and long-term cash flow from Verizon lease. Both leases provide owner with $44,000 per year. Unlimited options!

Property Information

Status
Active 
Address
1215 Stoney Creek Road 
City
Oakland 
Zip
48363 
Lot Size
39.95 
Lot Dimensions:
623x2773x623x2814 
Zoning
Residential
Water
Well-Existing 
Listing Date
07/14/2021 
County
Oakland 

School Information

School District
Rochester 

Taxes

Summer Taxes
$5,297 
Winter Taxes
$3,655 

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  • Market Statistics
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  • Local Business
Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
2210055787 Active Jul 14 2021 10:20AM $1,795,000 136
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.

Listing Broker

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Listing Courtesy of Century 21 Sakmar & Associates
Office Address 129 E University

Real Estate One Family of Companies

1215 Stoney Creek Road Oakland
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$1,795,000
For Sale • Acres: 39.95 • School District: Rochester