4312 W 13 Mile Road Royal Oak, MI $ 3,667,700
4312 W 13 Mile Road
$ 3,667,700
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4312 W 13 Mile Road

Royal Oak, MI, 48073
$ 3,667,700
Bedrooms28 Baths24.24 Sq 21,500

Monthly Estimate*

$ 24,377

4312 W 13 Mile Road, Royal Oak, MI 48073 - Image 1
4312 W 13 Mile Road, Royal Oak, MI 48073 - Image 2
4312 W 13 Mile Road, Royal Oak, MI 48073 - Image 3
4312 W 13 Mile Road, Royal Oak, MI 48073 - Image 4
4312 W 13 Mile Road, Royal Oak, MI 48073 - Image 5
4312 W 13 Mile Road, Royal Oak, MI 48073 - Image 6
4312 W 13 Mile Road, Royal Oak, MI 48073 - Image 7

Multi-Family Home for sale in Royal Oak, MI

for $3,667,700 with 28 bedrooms and 24 full baths, 24 half baths. This 21,500 square foot home was built in 1963 on a lot size of 0.94.

Welcome to Altitude West, an exceptional multifamily community comprising 24 units, strategically positioned adjacent to the prestigious Beaumont Royal Oak hospital. This thriving property, currently enjoying stable cash flow, presents an exciting opportunity for investors seeking to maximize value through strategic renovations and elevate the living experience for residents. Altitude West presents an exciting investment opportunity with a proven track record of successful renovations and increased rental income. The fact that the property has already undergone renovations, resulting in higher rental rates, establishes a positive precedent for future improvements. The presence of an effective property management team at Altitude West ensures a seamless transition for owners and contributes to the overall success of the investment. In summary, Altitude West offers a unique blend of stability, strategic location, and renovation potential, making it an ideal choice for investors seeking long-term appreciation and value growth in the dynamic real estate market of Royal Oak.

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Multi-Family Pending

Price

$ 3,667,700

Bedrooms

28

Full Bath

24

Half Bath

24

Property Type

Multi-Family

Taxes

$ 60,384

Style

Upper/Lower Apartment

Lot Size

0.94

Year Built

1963

Town/City

Royal Oak

County/Region

Oakland

MLS | Web ID

20230105550

Features
General
Interior Features Laundry Facility
Sewer Public Sewer (Sewer-Sanitary)
Heating Baseboard Hot Water
Possession At Close
Pets Allowed Call
Zoning Multi-Family
Pool Y/N 0
Full Baths 24
Half Baths 24
Year Built 1963
Property Type Multifamily
Subdivision Name OAKLAND HIGHLANDS
Transaction Type Sale
Basement Type Partially Finished
Status Pending
Short Sale No
Parking Total 29
Construction Materials Block/Concrete/Masonry Brick
Cumulative Days on Market 72
MLS Area Royal Oak
Directions 13 Mile and Greenfield
City Royal Oak
Terms Offered Cash Conventional Covenant Deed
School District Royal Oak
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name 13 MILE
Homestead 0
Assessment 0.00
Total Sq Ft 21500
DOM 72
Taxes 60384.0000
Legal Description T1N R11E SEC 6 OAKLAND HIGHLANDS LOT 68
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Interior
Heating Fuel Natural Gas
Basement Y/N 1
Total Units 24
Fireplace 0
Street Suffix Road
Total Baths 24.24
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Exterior
Waterfront 0
Lot Size Area 0.94
Water Source Public (Municipal)
Foundation Basement
Lot Size Dimensions 100x400
Architecture Level 2 Story
Architecture Style Upper/Lower Apartment
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Brady Williams

Listing Agent

Greater Development Llc

Broker

(360) 989-5395

Phone

Affordability Calculator

$29,409
Per Month
83%
17%
0%
Monthly Principal & Interest
$24,377
Monthly Property Taxes
$5,032
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848261 Elementary School
848790 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/26/2023$3,667,700 Listed Price

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4312 W 13 Mile Road, Royal Oak, MI, 48073 is a Multi-Family Home for sale at $3,667,700 with 21,500 sqft and a lot size of 0.94. 4312 W 13 Mile Road has 28 bedrooms, 24.24 baths, and was built in 1963. The property's zip code is 48073 which is in Royal Oak, MI