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Michael Broadwell

broadwell@realmilife.com +1(248) 219-5161

$ 389,900

Est. payment | -/mo

3 Baths

1,244 SqFt

Save Virtual Tour

$ 389,900

Est. payment | -/mo

Save Virtual Tour

3 Baths

1,244 SqFt

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 1,244 sqft

Price per Sqft $313

Subdivision Meadow Park Add

MLS Listing ID 20261064729

Style Bungalow, Craftsman

Full Baths 3

Year Built 1917

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type MultiFamily

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

Area Area02251Royaloak

Rooms

Basement Finished

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Exterior

Pool None

Community Features Sidewalks

View Y/N No

Roof Type Asphalt

Garage false

Building

Foundation Basement, Block

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Royal Oak

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Yes

Virtual Tour https://unbranded.visithome.ai/DKMqyG9iYSgaY3jS7z98c7?mu=ft

Listed by Jennifer Arnold of Real Estate One-Clinton Twp

Nearby Locations

+1(248) 219-5161

broadwell@realmilife.com

8840 Dwyer Rd, Howell, Michigan 48855, USA

307 S Laurel ST Royal Oak, MI 48067