241 Girard Avenue new Save Request In-Person Tour Request Virtual Tour
Royal Oak,MI 48073-3464
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,276 sqft
Price per Sqft $198
Subdivision Mi
MLS Listing ID 70465344
Year Built 1926
Annual Tax Amount $2,868
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 126x40x126x40
Property Sub-Type Multi-Family
Property Description
INVESTMENT OPPORTUNITY: Charming Four-Unit Multi-Family in Prime Royal Oak Location Outstanding Passive-Income opportunity just blocks from the heart of vibrant Downtown Royal Oak! This well-maintained four-unit property includes (3, ONE-bedroom units) and (1, spacious TWO-bedroom unit, all with a strong past rental history and excellent income potential. 5th unit possibility in the large walk-in attic presents a fantastic value-add opportunity--ideal for creating a ONE-bedroom additional studio apartment or expanding existing living space. Nestled on a quiet, tree-lined street, this property offers the perfect blend of immediate cash flow and long-term appreciation.
Location
State MI
County Oakland
Area Royal Oak (63251)
Interior
Heating Forced Air
Exterior
Exterior Feature Brick,Vinyl Siding
Building
Lot Description Golf Course
Foundation Basement,Slab
Structure Type Brick,Vinyl Siding
Others
Energy Description Natural Gas
Financing Cash,Conventional