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$ 450,000
Est. payment | /mo
2 Baths
4,791 Sqft Lot
$ 450,000
Est. payment | /mo
2 Baths
4,791 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Royal Oak City
Subdivision Royal Oak City
MLS Listing ID 20261011098
HOA Y/N true
Year Built 1924
Annual Tax Amount $7,117
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 39X130
Source Realcomp
Property Description
HIGH-INCOME POTENTIAL MEETS DOWNTOWN STYLEDISCOVER THE ULTIMATE OPPORTUNITY FOR HOUSE HACKING OR SMART INVESTING WITH THIS BEAUTIFULLY UPDATED, TURN-KEY DUPLEX LOCATED IN THE HEART OF ROYAL OAK, MICHIGAN. PERFECTLY POSITIONED ON A PRIME CORNER LOT, THIS PROPERTY OFFERS THE RARE CHANCE TO LIVE IN ONE UNIT WHILE THE OTHER PAYS YOUR MORTGAGE, PROVIDING UNMATCHED AFFORDABILITY IN ONE OF OAKLAND COUNTY'S MOST SOUGHT-AFTER ZIP CODES. THIS HOME SEAMLESSLY BLENDS MODERN UPDATES WITH THAT CLASSIC, COZY ROYAL OAK VIBE, MAKING IT AN IDEAL CHOICE FOR AN OWNER-OCCUPANT LOOKING TO OFFSET THEIR LIVING EXPENSES WITH IMMEDIATE RENTAL INCOME.THE LOCATION IS A COMMUTER'S DREAM, OFFERING EASY ACCESS TO THE VIBRANT SHOPPING, DINING, AND ENTERTAINMENT OF DOWNTOWN ROYAL OAK. THE PROPERTY ITSELF HAS BEEN METICULOUSLY MAINTAINED WITH A FOCUS ON LONGEVITY AND AESTHETIC APPEAL, FEATURING A FRESH INTERIOR PAINT PALETTE, PROFESSIONALLY CLEANED CARPETS, AND NEWLY INSTALLED BLINDS. THE MAIN FLOOR BATHROOM SHINES, WHILE THE EXTERIOR BOASTS NEW CEMENT WORK AND A CUSTOM-BUILT RETAINING WALL THAT ENHANCES THE SIDE GARDEN'S CURB APPEAL. BOTH UNITS ENJOY THE CONVENIENCE OF PRIVATE ENTRIES, ENSURING PRIVACY FOR BOTH THE OWNER AND THE TENANT.FUNCTIONALITY IS AT THE FOREFRONT OF THIS INCOME-GENERATING PROPERTY, WHICH IS ALREADY REGISTERED AS A RENTAL DUPLEX WITH THE CITY OF ROYAL OAK. THE LOWER-LEVEL TENANT, WHO IS CURRENTLY ON A MONTH-TO-MONTH LEASE, WOULD LOVE TO STAY, PROVIDING A SEAMLESS TRANSITION FOR THE NEW OWNER. RESIDENTS WILL APPRECIATE THE SHARED LAUNDRY FACILITIES AND THE ABUNDANCE OF STORAGE SPACE IN THE BASEMENT AND THE DETACHED 2 CAR GARAGE. PLENTY OF ON STREET EASY PARKING. WHETHER YOU ARE A FIRST-TIME HOMEBUYER LOOKING FOR AN AFFORDABLE ENTRY INTO THE MARKET OR AN INVESTOR SEEKING A HIGH-DEMAND RENTAL, THIS MOVE-IN READY DUPLEX IS A STANDOUT CHOICE IN THE CURRENT ROYAL OAK REAL ESTATE MARKET. FAVORABLE FHA TERMS? NO PROBLEM!
Location
State MI
County Oakland
Area Oakland County - 70
Zoning RESIDENTIAL
Direction SOUTH ON BLAIR FROM 4TH TO 6TH STREET
Interior
Heating Forced Air
Cooling Central Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Lot Description Sidewalk
Water Public
Structure Type Vinyl Siding
Schools
School District Royal Oak
Others
Tax ID 2522258007
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Listed by Real Broker, LLC Berkley