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Royal Oak, MI, 48073 • 48073 • Oakland County
$144/sqft
5Baths
4,547Sqft
0.2 acLot
1957Built
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4550 days on market
Established listing
$144/sqft
Price per square foot
Multi Family · Built 1957
Excellent opportunity on this 5-unit brick apartment building located in Royal Oak near the corner of 12 Mile and Main St. Minutes to downtown Royal Oak & Beaumont Hospital. Three 1-bedroom, One 2-bedroom and One 3-bedroom Units. 7% CAP RATE. Fully Occupied. Turn key. 8 Parking Spots. New construction/remodel in 2019. Each unit offers spacious living area, New stony oak floor, dove grey kitchen cabinets, new Samsung Stoves in each unit, New Central Air, with built in dehumidifier & fresh air ventilators. Separate Electric Meters for each apartment. Coin Operated Commercial laundry units Included. On Site Parking. Do not disturb tenants. Tenant Pays: Elec & water. P&L docs attached
Based on current rates
Est. 6.25% rate · 30yr fixed · $525,440 loan
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Royal Oak, MI, 48073
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Royal Oak, MI • Oakland County
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