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$1,550,000
Est. payment /mo
4 Baths
10,018 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Royal Oak City
Subdivision Royal Oak City
MLS Listing ID 20261031385
HOA Y/N true
Year Built 1924
Annual Tax Amount $9,204
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 64X155
Source Realcomp
Property Description
Phenomenal opportunity to own a meticulously maintained multi-family property in the heart of Royal Oak! This turnkey gem perfectly blends contemporary updates with timeless original charm in every unit, ensuring high tenant appeal and long-term value. Investors and owner-occupants will appreciate the significant capital improvements already completed, including a whole-building rewiring with each unit individually metered to simplify utility management. The property also boasts newer roofs on both the main building and the detached garage, a reliable boiler system installed in 2013, and newer energy-efficient windows throughout. A standout feature of this property is the expansive basement, which offers a dedicated section ready to be finished into a professional home office or creative studio—complete with its own private exterior entrance. This rare "X-factor" provides incredible versatility for a remote worker or the potential for additional utility. Each unit also has private storage and laundry room. Whether you're looking to expand your investment portfolio or "house-hack" in one of Metro Detroit's most vibrant and walkable communities, this property stands out as a rare find where all the heavy lifting has already been done. Schedule your showing today and secure this mechanically sound and aesthetically stunning investment!
Location
State MI
County Oakland
Zoning Multi-Family
Direction Right on Main Street
Interior
Heating Hot Water
Cooling Window Unit(s)
Exterior
Amenities Available Pets Allowed
View Y/N No
Roof Type Rubber,Other
Building
Water Public
Structure Type Brick
Schools
School District Royal Oak
Others
Tax ID 2509480013
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by ERA Prime Real Estate Group
NEARBY SCHOOLS & PROPERTIES
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