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$ 449,000
Est. payment /mo
Price Dropped by $13K
925 E 2nd Street Royal Oak, MI 48067-2856
1,868 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,868 sqft
Price per Sqft $240
Subdivision Mi
MLS Listing ID 70554452
Year Built 1930
Annual Tax Amount $9,930
Tax Year 2025
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 50 x 127
Property Sub-Type Multi-Family
Property Description
INVESTMENT OPPORTUNITY DUPLEX | $43,000 GROSS ANNUAL INCOME | UPSIDE POTENTIAL UPPER UNIT AVAILABLE IMMEDIATELY FOR $2,000 PER MONTH. Exceptional opportunity to own a charming 1930s English Tudor-style duplex offering approximately $43,000 in gross annual rental income, with potential for future income growth. Both units have an established rental history, with tenant track records and historical financial information available upon request. Whether you're expanding your investment portfolio or seeking an owner-occupant opportunity, this distinctive multifamily property offers flexibility and long-term potential. This property features two separate 2-bedroom, 1-bath units, each with its own private enclosed sunroom. Inside, timeless architectural details blend with distinctive individual character. The upper unit showcases beautifully maintained dark hardwood floors and a handsome craftsman-style fireplace, while the lower unit features light oak flooring and a charming fireplace.
Location
State MI
County Oakland
Area Royal Oak (63251)
Interior
Heating Forced Air
Exterior
Exterior Feature Aluminum, Brick
Parking Features Additional Garage(s)
Building
Lot Description Sidewalks
Foundation Basement
Structure Type Aluminum,Brick
Others
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by RE/MAX Classic Blm. Hills
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