406 W West Twelve Mile Rd Road Royal Oak, MI ^$ 350,000

406 W West Twelve Mile Rd Road

^$ 350,000

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Recently Listed

406 W West Twelve Mile Rd Road

Royal Oak, MI, 48073

^$ 350,000

Studio Baths0.0

Monthly Estimate*

^$ 2,326

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Studio

Multi-Family Home for sale in Royal Oak, MI

for $350,000. This home was built in 1922 on a lot size of 0.13.

Rare investment opportunity in Royal Oak. Rental income duplex. 1 bedroom upper unit $1150/monthly, 2 bedroom lower unit $1250/monthly. Beautiful Hardwood Floors. Separate entrances for each unit. Shared laundry in basement. Off street parking in rear of building. Close to downtown Royal Oak, shops and restaurants. Tenants pay all utilities including water. Rental compliant and registered with the City of Royal Oak. BATVAI Please send proof of funds for a showing, 72 hour notice required. T12 in documents

Multi-Family Active

Price

^$ 350,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 4,327

Style

Lot Size

0.13

Year Built

1922

Town/City

Royal Oak

County/Region

Oakland

MLS | Web ID

70405588

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Year Built 1922

County Oakland

Class MULTIFAMILY

Type Multi-Family

Municipality Royal Oak

Subdivision MI

Area Royal Oak (63251)

Primary City Royal Oak

Directions North side of 12 mile Rd between Main street and Crooks Rd

City Royal Oak

School District Royal Oak Neighborhood Schools

Street Name West Twelve Mile Rd

Financial Terms Cash Conventional

DOM 12

Postal Code 48067

Coming Soon Rare investment opportunity in Royal Oak. Rental income duplex. 1 bedroom upper unit $1150/monthly

Exterior

Exterior Vinyl Siding

Frontage 40

Lot Size Area 0.13

Lot Dimensions 40x137

Roads City/County Paved Street

Waterfront Y/N No

Interior

Total Number of Units 2

Fuel Type Natural Gas

* Excluded Features

List By

Kirsten Smitham

Listing Agent

Reserve Management Company

Broker

kirsten@reservemgmtco.com

Affordability Calculator

$2,687

Per Month

Monthly Principal & Interest: $2,326
Monthly Property Taxes: $361
Monthly Home Insurance: --

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Yearly 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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Nearby

Trends
Schools

Multi-family listings in Royal Oak, MI

Average List Price ^$1,113,300

Percent of Sale Price 218%

About Royal Oak, MI

58,569 Population

-2% Since 2002

^$69,342 Median Income

40.15 Median Age

17% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759413 Elementary School

759716 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/10/2024	$350,000		Listed Price

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406 W West Twelve Mile Rd Road, Royal Oak, MI, 48073 is a Multi-Family Home for sale at $350,000 with a lot size of 0.13. 406 W West Twelve Mile Rd Road is a studio with 0.0 baths and was built in 1922. The property's zip code is 48073 which is in Royal Oak, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

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.

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.

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406 W West Twelve Mile Rd Road

Multi-Family Home for sale in Royal Oak, MI

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