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Key Details
Sold Price $570,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Municipality Royal Oak City
Subdivision Royal Oak City
MLS Listing ID 20230071799
Sold Date 04/08/24
HOA Y/N true
Year Built 1954
Annual Tax Amount $10,347
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 50.00 x 114.00
Source Realcomp
Property Description
Great investment opportunity in this triplex just steps from downtown Royal Oak. All of the units have a current lease so you can begin making money right away. This property features two, 1 bed, 1 bath units and one, 2 bed, 2 bath unit. All of the units have hardwood floors. The single bed units have a shared basement with laundry facilities, the two-bedroom unit has its own basement with a small living space and its own laundry facilities, this unit also has AC. It offers a shared drive on the single unit side, as well as a fully fenced shared yard in the back. Roof is new 8/2021, new landscape and hardscape 2023, new bathroom in bedroom unit 2023, as well as many other updates (contact listing agent). With respect to the current tenants please allow 48-hour lead time for showings. Owner requests POF prior to showing. Showings Tuesday & Thursday 2-4 Only
Location
State MI
County Oakland
Area Oakland County - 70
Zoning Residential
Direction East on 11 Mile past Woodward, turn right on South Maple
Interior
Heating Forced Air
Cooling Central Air, Window Unit(s)
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Sewer Public
Water Public
Structure Type Brick
Schools
School District Royal Oak
Others
Tax ID 2521202014
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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