Royal Oak MI Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
2,462
Status:
Active
Beds:
n/a
Lot size:
0.39 Acres
Year built:
1920
Baths:
6.00
MLS#:
60341787
Subdivision:
OAK RUN SUB

ADDITIONAL INFORMATION

Unreal 5 unit multifamily in desirable Royal Oak. One 3 bed 2 bath unit, Three 2 bed 1 bath units and One 1 bed 1 bath unit that are all fully occupied. This property with unique history has room to be added onto or as is. Huge parking lot for tenants and close to freeways. Perfect location for an investor looking to add to their portfolio or any owner occupancy looking to house hack.

Type:
Multi-Family
Sq.Ft.:
1,483
Status:
Active
Beds:
n/a
Lot size:
0.1 Acres
Year built:
1925
Baths:
3.00
MLS#:
60332212
Subdivision:
ROYAL OAK MANOR

ADDITIONAL INFORMATION

Multi-family split unit investor special!! All new electrical throughout home including separate new electric meters, new breaker panels, all new wiring, switches, plugs, and recessed lighting. Rough electrical inspection passed. Rough mechanical inspection passed which included 2 new Bryant central heat and ac units, new ducting throughout, and new water heater. Rough plumbing passed with new supply lines, new waste lines, washer and dryer hook ups in each unit and passed sewer scope all the way to street. Brand new roof and windows along with new rear patio. Home has 9 foot ceilings on the first floor. land contract available!! MUST SIGN HOLD HARMLESS AGREEMENT TO VIEW. construction work will continue to progress

Type:
Multi-Family
Sq.Ft.:
3,634
Status:
Active
Beds:
n/a
Lot size:
0.27 Acres
Year built:
1985
Baths:
6.00
MLS#:
60318749
Subdivision:
OAK RUN SUB

ADDITIONAL INFORMATION

Well maintained original owner brick 3 unit building, each unit has its own entrance, full basement, separate utilities and shared carport parking. The complex can easily be divided into individual property id's and sold as individual condos. Fully leased with leases in place that can be assumed. Download the 'Rent Roll' from the document please for your reference. Please contact listing agent for scheduling showings.

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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307


Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.



Royal Oak Real Estate

The median home value in Royal Oak, MI is $281,800. This is lower than the county median home value of $304,600. The national median home value is $338,100. The average price of homes sold in Royal Oak, MI is $281,800. Approximately 61.1% of Royal Oak homes are owned, compared to 31.76% rented, while 7.14% are vacant. Royal Oak real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Royal Oak real estate agent to arrange a tour today!

Royal Oak, Michigan 48073 has a population of 58,368. Royal Oak 48073 is less family-centric than the surrounding county with 29.97% of the households containing married families with children. The county average for households married with children is 32.55%.

The median household income in Royal Oak, Michigan 48073 is $87,316. The median household income for the surrounding county is $86,275 compared to the national median of $69,021. The median age of people living in Royal Oak 48073 is 35.8 years.

Royal Oak Weather

The average high temperature in July is 83.4 degrees, with an average low temperature in January of 18.4 degrees. The average rainfall is approximately 33.1 inches per year, with 31.9 inches of snow per year.

Royal Oak Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    111
    30-day change

Royal Oak Schools and Demographics

Education near Royal Oak, MI

Metric City County
High School Graduates 96.27 94.65
College Degree - 2 year 7.31 8.33
College Degree - 4 year 60.13 48.94
Graduate Degree 16.71 15.77
Expenditures per Student 15,188 15,188
Students per Teacher 17 17

Elementary Schools near Royal Oak, MI

School Grades Students P/T Ratio ZIP
Addams Elementary and ECC PK - 05 461 15.3 48073
Alfred E. Upton Elementary School KG - 05 283 15.7 48073
Keller Elementary School PK - 05 392 16 48067
Kenwood Elementary School PK - 05 258 13.2 48017
Northwood Elementary School KG - 05 490 21.9 48073
Oak Ridge Elementary School KG - 05 431 18.4 48073
Oakland Elementary School KG - 05 283 17.6 48067
Paul A. Schalm School KG - 05 467 15.9 48017
Rogers Elementary School PK - 05 389 15.8 48072

Middle Schools near Royal Oak, MI

School Grades Students P/T Ratio ZIP
Clawson Middle School 06 - 08 386 15.4 48017
Royal Oak Middle School 06 - 08 1,055 19.5 48067

High Schools near Royal Oak, MI

School Grades Students P/T Ratio ZIP
Clawson High School 09 - 12 583 17.9 48017
Royal Oak High School 09 - 12 1,278 19.2 48073

Ungraded Schools near Royal Oak, MI

School Grades Students P/T Ratio ZIP
* Berkley High School 09 - 12 1,264 20.7 48072
* Churchill Community Ed. Center 09 - 12 124 13.3 48073

Demographics near Royal Oak, MI 48073

Metric Zip Code City
Neighborhood Type Suburban
Population 58,368 1,271,983
Population Density 4,950 1,466
Median Age 35.8 41
People per Household 2 2.4
Median Household Income 87,316 86,275
Average Income per Capita 54,486 49,012