241 Girard Avenue new Save Request In-Person Tour Request Virtual Tour
Royal Oak,MI 48073
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Bassett & Smiths North Main
MLS Listing ID 81025018683
Bedrooms 4
Originating Board Greater Metropolitan Association of REALTORS®
Year Built 1926
Annual Tax Amount $2,868
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 126x40x126x40
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
Zoning Other
Direction Located just a Few blocks north of 12 Mile Road, between Main Street and S. Rochester Road.
Rooms
Basement Walk-Out Access
Interior
Interior Features Laundry Facility
Heating Forced Air
Cooling Window Unit(s)
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Garage Spaces 4.0
Roof Type Other
Road Frontage Paved
Garage no
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick,Vinyl
Schools
School District Royal Oak
Others
Pets Allowed Yes
Tax ID 2510152047
Ownership Private Owned
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional