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902 E 2ND Street Royal Oak, MI 48067 2857
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Key Details
Sold Price $380,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,802 sqft
Price per Sqft $210
Subdivision Mi
MLS Listing ID 40261814
Sold Date 03/31/22
Style 2 Story
Full Baths 2
Half Baths 2
Year Built 1928
Annual Tax Amount $4,677
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 37.00X123.00
Property Sub-Type Multi-Family
Property Description
Buyers agents please read the directions below. Fabulous opportunity to live in one unit and rent, or rent both units! Close to downtown Royal Oak. This building has been exceedingly well cared for and is now on the market for the first time in 45 years. This property has been a great money maker now it's time to pass the torch. 2 kitchens - 2 meters - 1 furnace (4-5 years old) 1 c/a unit - 1 w/d. locked additional storage space in the basement. The 2nd floor unit has an extra closet. 2 car gar (in excellent condition) renting for $650 a quarter. Tenants pay all utilities. Could be turned back into a single family residence or use the upper floor as a mother-in-law suite. The current owner has kept the rents low as one tenant who is soon to leave has been there for 10+ years. Bathrooms, and windows have been updated as needed, fully fenced yard, well insulated, great storage, 100 amp service, all copper & pex plumbing, new sewer line and clean out. Current tenants are month to month.
Location
State MI
County Oakland
Area Royal Oak (63251)
Zoning Multi-Family
Rooms
Basement Block
Interior
Interior Features Cable/Internet Avail., DSL Available
Heating Forced Air
Cooling Central A/C
Exterior
Exterior Feature Aluminum, Brick
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Aluminum,Brick
Schools
School District Royal Oak Neighborhood Schools
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional,FHA,VA
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Bought with EXP Realty LLC Rochester
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