817 S CENTER Street Royal Oak, MI ^$ 599,900

817 S CENTER Street

^$ 599,900

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817 S CENTER Street

Royal Oak, MI, 48067

^$ 599,900

Studio Baths4.0 Sq 2,260

Monthly Estimate*

^$ 4,190

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Studio

Multi-Family Home for sale in Royal Oak, MI

for $599,900 with 4 full baths. This 2,260 square foot home was built in 1925 on a lot size of 0.13.

LOCATION LOCATION LOCATION!!! 4 Unit Multifamily located in the heart of downtown Royal Oak. These properties do not come around often. This 4 unit multi-family's projected cash flow from rent is $4,000/M. TENANT OCCUPIED. (One unit currently vacant for showings). Owner pays lawn, snow, and water. Laundry onsite in common area plus 4 separate storage lockers for each unit. Two driveways and parking in the back. Proof of Funds OR Pre-approval letter must be shown prior to showing this property.

Multi-Family Pending

Price

^$ 599,900

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 9,387

Style

Lot Size

0.13

Year Built

1925

Town/City

Royal Oak

County/Region

Oakland

MLS | Web ID

60294520

Features

General

Interior Features Cable/Internet Avail. DSL Available

Heating Forced Air

Cooling Window Unit(s)

Possession At Close

Exterior Features Deck

Water Public Water

Status Pending Pending

Full Baths 4

Half Baths 0

Bathrooms 4

Year Built 1925

Subdivision HUDSON & HANNAN SUB MI

Water Heater Gas

County Oakland

Class MULTIFAMILY

Type Multi-Family

Percent Ownership Private

Municipality Royal Oak

Zoning Multi-Family

Structure Style 2 Story

Area Royal Oak (63251)

Primary City Royal Oak

Directions Off Main St.

City Royal Oak

School District Royal Oak Neighborhood Schools

Street Name CENTER

Financial Terms Cash Conventional

Legal Description T1N R11E SEC 21 HUDSON AND HANNAN SUB LOT 61

DOM 41

Postal Code 48067

Price Per Sq Ft 265.44

Coming Soon LOCATION LOCATION LOCATION!!! 4 Unit Multifamily located in the heart of downtown Royal Oak. These properties do not come around often. This 4 unit multi-family's projected cash flow from rent is $4

Interior

Basement Block Common Partially Finished

Fireplace? No

Total Number of Units 4

Fuel Type Natural Gas

Exterior

Exterior Vinyl Siding

Frontage 50

Lot Size Area 0.13

Lot Dimensions 50x120

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

David Maldonado

Listing Agent

Arterra Luxe Collection Llc

Broker

davidm@thedmassociates.com

Affordability Calculator

$4,973

Per Month

Monthly Principal & Interest: $4,190
Monthly Property Taxes: $782
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% 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 ^$1,118,300

Percent of Sale Price 86%

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
4/16/2024	$599,900	-7.69%	Price Down
3/18/2024	$649,900		Listed Price

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817 S CENTER Street, Royal Oak, MI, 48067 is a Multi-Family Home for sale at $599,900 with 2,260 sqft and a lot size of 0.13. 817 S CENTER Street is a studio with 4.0 baths and was built in 1925. The property's zip code is 48067 which is in Royal Oak, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% 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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817 S CENTER Street

Multi-Family Home for sale in Royal Oak, MI

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