Magnificence defined! Immaculate 5 unit apartment building in downtown Royal Oak. Well maintained property by the same family for about 45 years. 5 spacious studios with various floor plans. 2 of the units have an extra room for beds and upstairs lofts. Laundry room and spacious office/workshop located in the basement. Parking lot has 8 stalls for the residents. Long term residents have enjoyed their home for several years. This is a top notch asset to provide strong passive income for a new owner!
- Price:
- $749,000 per month
- Full Baths:
- 5
- Half Baths:
- 5
- Square Footage:
- 3,792
- Year Built:
- 1905
- Listing ID #:
- 60106061
- Street Address:
- 503 S Troy
- City:
- Royal Oak
- State:
- Michigan
- Postal Code:
- 48067
- County:
- Oakland
- Community:
- Royal Oak (63251)
- Listing Status:
- Active
- Listing Type:
- Multi-Family
- Approximate Total Liveable Area:
- 3792
- Basement Type:
- Poured, Partially Finished
- Foundation:
- Basement
- Has Basement:
- Yes
- Number Of Units:
- 5
- Style:
- 2 Story
- Year Built:
- 1905
- Conforms To Zoning:
- Commercial
- Lot Size:
- 100.00x120.00
- Road Type:
- Paved Street
- Days On Market:
- 55
- For Lease:
- Yes
- For Sale Or Lease?:
- For Sale
- Originating Mls:
- Realcomp
- Terms:
- Cash, Conventional
- Tax Municipality:
- Royal Oak
- Ownership:
- Private
- Property Taxes:
- $3,920
- Show Listing And/Or Property Address:
- Yes
- Heating:
- Hot Water, Other-See Remarks
- Sewage Type:
- Public At Street
- Listing Provided By Arterra Luxe Collection LLC 248-731-0048
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