UPDATED:
Key Details
Property Type Multi-Family
Sub Type Colonial,Duplex,Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,280 sqft
Price per Sqft $210
Subdivision Cummingston Park
MLS Listing ID 20250028817
Style Colonial,Duplex,Other
Bedrooms 3
Full Baths 3
Year Built 1963
Annual Tax Amount $7,416
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 67.00 x 120.00
Property Sub-Type Colonial,Duplex,Other
Source Realcomp II Ltd
Property Description
Discover this well-maintained three-unit property nestled in the desirable area of Royal Oak, MI. Spanning 2,280 sq. ft., this fully rented building is an excellent opportunity for investors looking to acquire an income-generating asset.
Unit Configuration:
One spacious 2-bedroom, 1-bath unit, perfect for families or those seeking extra space.
Two charming 1-bedroom, 1-bath units, ideal for singles or couples seeking cozy living.
Fully Rented: All units are currently occupied, providing immediate rental income and minimizing vacancy risk.
Location Benefits: Situated in a vibrant neighborhood with easy access to local amenities, shops, parks, and public transportation, enhancing the appeal for prospective tenants.
Investment Potential: This property presents a fantastic opportunity for both seasoned investors and first-time buyers looking to enter the rental market.
Don't miss out on the chance to own this income-generating multi-unit property in Royal Oak. Schedule a viewing today and explore the potential this investment holds!
Updates Include: New sprinkler system in 2020, hot water tank, vanity, new hard wood floors in the 1 bed downstairs, new toilet, gutter guards.
Location
State MI
County Oakland
Area Royal Oak
Zoning Multi-Family
Direction head north on southfield rd from 696 turn right heading easy on 14 mile. take down passing over woodward to briarwood ave turn heading north.
Rooms
Basement Finished
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central Air
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 3.0
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Colonial, Duplex, Other
Level or Stories 2 Story
Structure Type Aluminum,Brick
Schools
School District Royal Oak
Others
Pets Allowed Yes
Tax ID 2032454016
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
