6
See all 6 photos
$360,000
Est. payment /mo
3 Baths
3,049 Sqft Lot
New
1119 S Lafayette Avenue Royal Oak, MI 48067
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Royal Oak City
Subdivision Royal Oak City
MLS Listing ID 20261066982
HOA Y/N true
Year Built 1918
Annual Tax Amount $5,777
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 58.53X50.11
Source Realcomp
Property Description
This two-unit duplex in Royal Oak is the perfect opportunity for investors or developers! Located just minutes from downtown and close to Woodward, this property offers convenient access to freeways, shopping, dining, parks, and all that Royal Oak has to offer.The first-floor unit features 3 bedrooms and 2 full baths, along with a full basement. The second-floor unit offers 1 bedroom and 1 full bath. With established tenants and a beautiful, generously sized lot, this property offers immediate investment potential. Could also be renovated for a bigger ROI and rent opportunities while also perfect or for future development possibilities. The property could also be purchased in tandem with 1125 S. Lafayette next door, creating an exciting opportunity for a larger development or multiple investments. Don't miss your chance to explore all this property has to offer!
Location
State MI
County Oakland
Zoning Residential
Direction E of Woodward Ave / N of 10 Mile Rd
Interior
Heating Forced Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Water Public
Structure Type Aluminum Siding,Vinyl Siding
Schools
School District Royal Oak
Others
Tax ID 2521432006
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Max Broock, REALTORS-Royal Oak
NEARBY SCHOOL & BUSINESS