REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 389,900
Est. payment | /mo
3 Baths
3,484 Sqft Lot
$ 389,900
Est. payment | /mo
3 Baths
3,484 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Royal Oak City
Subdivision Royal Oak City
MLS Listing ID 20261064729
HOA Y/N true
Year Built 1917
Annual Tax Amount $5,525
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 30X110
Source Realcomp
Property Description
Charming 3 Unit Income Producing Multifamily in the Heart of Royal Oak! Discover a fantastic investment opportunity just blocks from downtown Royal Oak! This charming Craftsman-style multi family home offers timeless character, generous living space, & excellent income-producing potential w/ 3 separate units, each featuring its own private entrance & appliances. The main-floor unit welcomes you w/ a spacious, light-filled living area showcasing beautiful hardwood floors & abundant natural light. The kitchen features ceramic flooring, ample cabinetry & counter space, a convenient eat-in area. The main level has washer/dryer hookup. Two generously sized bedrooms provide plenty of closet space, while the updated bathroom features a new vanity, toilet, fixtures, & refreshed shower tile. The second-floor unit offers 2 bedrooms w/ deep closets & additional storage, along with a comfortable kitchen featuring an eat-in area & a stackable washer/dryer. The updated bathroom includes a new vanity, flooring, & refreshed shower area.The lower-level unit is a cozy studio with an open-concept kitchen and living area, a full bathroom with stand-up shower, and its own washer and dryer. A split heating/cooling system provides added comfort.Recent improvements include two new furnaces & A/C systems serving the first and second-floor units, along with new electrical panels, offering added peace of mind for the next owner. Outside, enjoy a classic covered front porch, a quiet residential setting, private entrances for all three units, rear parking, and additional street parking. With its desirable location near downtown Royal Oak, shopping, restaurants, entertainment, and major commuter routes, this property offers an excellent opportunity for an investor seeking multiple income streams or an owner-occupant looking to offset their mortgage with rental income.Three units. Multiple income opportunities. Prime Royal Oak location. Classic charm with important updates already completed.
Location
State MI
County Oakland
Zoning Multi-Family
Direction South Of 11 Mile, East Of Woodward
Interior
Heating Forced Air
Cooling Central Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Lot Description Sidewalk
Water Public
Structure Type Wood Siding
Schools
School District Royal Oak
Others
Tax ID 2521209002
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://unbranded.visithome.ai/DKMqyG9iYSgaY3jS7z98c7?mu=ft
Listed by Real Estate One-Clinton Twp
Nearby Locations
GET MORE INFORMATION