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Key Details
Sold Price $225,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 906 sqft
Price per Sqft $248
Municipality Royal Oak City
Subdivision Royal Oak City
MLS Listing ID 20250007207
Sold Date 02/24/25
Bedrooms 3
Full Baths 1
Originating Board Realcomp
Year Built 1953
Annual Tax Amount $2,526
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40.00 x 129.25
Property Sub-Type Single Family Residence
Property Description
Prime Location & Turn-Key Investment Opportunity! This charming 3-bedroom home in Royal Oak is a proven income-generating property with a 100% occupancy rate for open dates on Airbnb in 2024 and a strong track record of bookings, primarily 1-3 month stays. This home offers both style and functionality, featuring a beautifully updated kitchen with newer cabinetry, sleek countertops, a contemporary backsplash, and stainless steel appliances. The modern bathroom boasts updated fixtures and stylish tile work, while spacious bedrooms provide comfort and versatility. A finished crawl space with a transferable warranty adds peace of mind and extra storage. Outside, the large fenced backyard is perfect for entertaining or relaxing, complete with a brick paver patio and storage shed. With easy access to I-75 and I-696, this turn-key, fully furnished property is ideal for short-term rentals, corporate housing, or long-term leasing. Investors also have the rare opportunity to purchase the adjacent property at 126 S Campbell, expanding their portfolio with two income-generating homes side by side. Whether you're looking for a primary residence, a high-performing Airbnb, or a long-term rental investment, this prime Royal Oak property is one you won't want to miss!
Location
State MI
County Oakland
Area Oakland County - 70
Direction S of 11 Mile Road / West of S Campbell Road.
Rooms
Basement Slab
Interior
Heating Forced Air
Cooling Central Air
Appliance Washer, Refrigerator, Range, Disposal, Dishwasher
Laundry Main Level
Exterior
Exterior Feature Fenced Back, Porch(es)
View Y/N No
Roof Type Asphalt
Garage No
Building
Lot Description Level
Story 1
Sewer Public
Water Public
Structure Type Vinyl Siding
Schools
School District City Of Royal Oak
Others
Tax ID 2522231012
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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