$394,500
$359,000
9.9%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
3 Baths
1,836 SqFt
SOLD DATE : 01/15/2021
Key Details
Sold Price $394,500
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,836 sqft
Price per Sqft $214
Subdivision Fourth Avenue Sub No 1
MLS Listing ID 2200099512
Sold Date 01/15/21
Style Triplex
Bedrooms 3
Full Baths 3
Originating Board Realcomp II Ltd
Year Built 1949
Annual Tax Amount $4,349
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 80 x 101
Property Description
Incredible investment opportunity in the heart of downtown Royal Oak! In-town triplex on double lot. Three 1 bedroom/1 bath units. Each ranch-style unit has private front and rear entrances, fenced rear yard, living room, kitchen with small dining area, bath with tub/shower, in/unit washer/dryer, walk-in-closets, window units and ceiling fans. Large rooms. New flooring and carpet in all units. Property has an additional huge 18x20 concrete building for storage with dedicated locked storage units. Parking pad with spots for all 3 units. Live in one unit, rent out the rest! Newer windows. Separate gas/electric meters, 1 water meter. Walkable to restaurants, farmers market, shopping! Units rent for $975/month. New sewer line to street. Unit 323 may be viewed. The other two units can be shown with an acceptable offer. Please do not disturb tenants of other units! HIGHEST & BEST due 9am Friday 12/18.
Location
State MI
County Oakland
Area Royal Oak
Zoning Residential
Direction From Woodward Ave., head east on 4th St., turn south on Troy St., turn east on 5th
Interior
Interior Features Cable Available
Hot Water Natural Gas
Heating Hot Water, Separate Meters
Cooling Ceiling Fan(s), Window Unit(s)
Heat Source Natural Gas
Exterior
Exterior Feature Awning/Overhang(s), Fenced, Outside Lighting, Private Entry
Garage Spaces 3.0
Pool No
Roof Type Asphalt
Porch Patio, Porch
Road Frontage Paved, Pub. Sidewalk
Building
Foundation Slab
Sewer Sewer-Sanitary
Water Municipal Water
Architectural Style Triplex
Level or Stories 1 Story
Structure Type Block/Concrete/Masonry
Schools
School District Royal Oak
Others
Pets Allowed Yes
Tax ID 2522110012
Ownership Private Owned,Short Sale - No
Acceptable Financing Cash, Conventional, Warranty Deed
Listing Terms Cash, Conventional, Warranty Deed
Financing Cash,Conventional,Warranty Deed
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Bought with Max Broock, REALTORS-Birmingham
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