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Royal Oak,MI 48073
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Active
Purchase Type For Sale
Municipality Royal Oak City
Subdivision Bassett & Smiths North Main
MLS Listing ID 25018683
HOA Y/N false
Year Built 1926
Annual Tax Amount $2,868
Tax Year 2024
Lot Size 5,053 Sqft
Acres 0.12
Lot Dimensions 126x40x126x40
Property Sub-Type 2 to 4 Units
Property Description
INVESTMENT OPPORTUNITY: Charming Four-Unit Multi-Family in Prime Royal Oak Location Outstanding Passive-Income opportunity just blocks from the heart of vibrant Downtown Royal Oak! This well-maintained four-unit property includes (3, ONE-bedroom units) and (1, spacious TWO-bedroom unit, all with a strong past rental history and excellent income potential. 5th unit possibility in the large walk-in attic presents a fantastic value-add opportunity—ideal for creating a ONE-bedroom additional studio apartment or expanding existing living space. Nestled on a quiet, tree-lined street, this property offers the perfect blend of immediate cash flow and long-term appreciation.
Location
State MI
County Oakland
Area Oakland County - 70
Direction Located just a Few blocks north of 12 Mile Road, between Main Street and S. Rochester Road.
Rooms
Basement Full,Slab,Walk-Out Access
Interior
Heating Forced Air
Cooling Window Unit(s)
Fireplaces Number 1
Laundry Common Area,In Basement,Laundry Room
Exterior
Parking Features Paved
Utilities Available Natural Gas Connected
View Y/N No
Roof Type Other
Street Surface Paved
Total Parking Spaces 4
Building
Lot Description Golf Community
Structure Type Brick,Vinyl Siding
New Construction No
Schools
School District Royal Oak
Others
HOA Fee Include None
Tax ID 25-10-152-047
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional