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$375,000
Est. payment /mo
2 Baths
4,791 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 20261010336
Year Built 1949
Annual Tax Amount $5,710
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 40X120
Source Realcomp
Property Description
Don't miss this excellent investment opportunity! This charming brick duplex is ideally located in Royal Oak on Catalpa, just east of Woodward. The property is fully leased with long-term tenants in place, providing immediate cash flow from day one. The lower unit features two bedrooms and showcases classic charm with hardwood floors, a built-in bookcase, cove ceilings, a cheerful retro yellow bathroom, and an updated kitchen with space for a dining table. The upper unit offers a one-bedroom layout with an open-concept kitchen and living area, along with a generously sized bedroom and full bathroom. Both units share a welcoming foyer entry and have access to the common basement, which includes laundry, 2 water heaters and additional storage. Outside, enjoy a fenced backyard and convenient driveway or street parking in this attractive, tree-lined neighborhood. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. 100% Occupied and generating $2600 per month / $31,200 per year Gross. An interior Matterport virtual tour is also available.
Location
State MI
County Oakland
Area Oakland County - 70
Zoning Multi-Family
Direction Take Catalpa East off Woodward
Interior
Heating Forced Air
Cooling Central Air
Exterior
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Royal Oak
Others
Tax ID 2516327003
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by National Realty Centers, Inc
NEARBY SCHOOL & BUSINESS
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