254 Lincoln Ave, Clawson, MI 48017

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!