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118 S Maple Avenue

Royal Oak, MI 48067
  • $580,000
  • STATUS: Pending
  • ON SITE: 191 Days
  • MLS #: 20230071799
Pending
UPDATED: 72 min ago
$580,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,467
    SQFT
  • $235
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1954
County:
Area:
Zoning:
Residential
Lot Size Dimensions:
50.00 x 114.00

School Ratings & Info

School District:

Description

Great investment opportunity in this triplex just steps from downtown Royal Oak. All of the units have a current lease so you can begin making money right away. This property features two, 1 bed, 1 bath units and one, 2 bed, 2 bath unit. All of the units have hardwood floors. The single bed units have a shared basement with laundry facilities, the two-bedroom unit has its own basement with a small living space and its own laundry facilities, this unit also has AC. It offers a shared drive on the single unit side, as well as a fully fenced shared yard in the back. Roof is new 8/2021, new landscape and hardscape 2023, new bathroom in bedroom unit 2023, as well as many other updates (contact listing agent). With respect to the current tenants please allow 48-hour lead time for showings. Owner requests POF prior to showing. Showings Tuesday & Thursday 2-4 Only

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IDX provided courtesy of Realcomp II Ltd. via Real5 and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real5 are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-03-03T23:57:11.89.
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118 S Maple Avenue Royal Oak, MI 48067

  • Price: $580,000
  • Status: Pending
  • On Site: 191 Days
  • Updated: 72 min ago
  • MLS #: 20230071799
0
Beds
4
Baths
0
½ Baths
0.13
Acres
2,467
SQFT
$235
$/SQFT
1954
Built
Neighborhood:
Meadow Park Add
County:
Oakland
Area:
Royal Oak
School District:
ROYAL OAK
Property Description
Great investment opportunity in this triplex just steps from downtown Royal Oak. All of the units have a current lease so you can begin making money right away. This property features two, 1 bed, 1 bath units and one, 2 bed, 2 bath unit. All of the units have hardwood floors. The single bed units have a shared basement with laundry facilities, the two-bedroom unit has its own basement with a small living space and its own laundry facilities, this unit also has AC. It offers a shared drive on the single unit side, as well as a fully fenced shared yard in the back. Roof is new 8/2021, new landscape and hardscape 2023, new bathroom in bedroom unit 2023, as well as many other updates (contact listing agent). With respect to the current tenants please allow 48-hour lead time for showings. Owner requests POF prior to showing. Showings Tuesday & Thursday 2-4 Only
Exterior Features

Architecture Level 2 Story Architecture Style Other Construction Materials Brick Exterior Features Fenced Foundation Details Basement Foundation Materials Block Lot Size Dimensions 50.00 x 114.00 Parking Total 0 Pool YN No Porch Type Porch Road Frontage Feet 50 Road Frontage Type Paved Roof Material Asphalt Waterfront YN No

Interior Features

Basement Type Unfinished Basement YN Yes Baths Total 4.00 Cooling Ceiling Fan(s)Central AirWindow Unit(s) Fireplace YN No Heating Forced Air Heating Fuel Natural Gas Interior Features Smoke AlarmCable AvailableCircuit BreakersHigh Spd Internet Avail Living Area Source Public Records Sq Ft Combined 2467 Sq Ft Total Basement 1162 Unit Efficiency Number Of 0 Unit Four Bed Number Of 0 Unit One Bed Number Of 2 Unit Three Bed Number Of 0 Unit Two Bed Number Of 1 Water Heater Fuel Natural Gas

Property Features

Assessment 0.00 Down Payment Resource YN Yes Existing Lease YN Yes Gross Scheduled Income 37000.00 Homestead YN No Income Projection Actual Land Contract YN No Listing Financing CashConventional Monthly Rental Income 3700 Number Of Units Leased 3 Ownership Status Short Sale - NoPrivate Owned Percent Homestead Exempt YN No Pets Allowed Yes Postal City Royal Oak Protection Period 90 Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 8728.0000 Tax Amount Winter 1619.0000 Title Standard (Private) Total Tax 10347.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 118 S MAPLE Avenue Water Source Public (Municipal) Year Remodeled 2023 Zoning Residential

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via DOBI Real Estate: (248) 385-3350 and Realcomp, ©2024 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Real5 and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real5 are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-03-03T23:57:11.89.
 
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