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1109 Catalpa Drive

Royal Oak, MI 48067
Square Ft.
1,313
$375,000
Don't miss this excellent investment opportunity! This charming brick duplex is ideally located in Royal Oak on Catalpa, just east of Woodward. The property is fully leased with long-term tenants in place, providing immediate cash flow from day one. The lower unit features two bedrooms and showcases classic charm with… Read MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of National Realty Centers, Inc.
Listing Snapshot
Days Online
46
Last Updated
Property Type
Multifamily
Square Ft.
1,313
Lot Size
0.11 Acres
Year Built
1949
MLS Number
20261010336
30 Days Snapshot - Source: Home Junction
30 Days Snapshot Of 48067
$288k
+3%
(avg) sold price
45
-29%
homes sold
70
-6%
(avg) days on market
Snapshot
Area Map
Additional Details
Foundation
Basement
Property Access
Paved
Basement
Interior Entry, Unfinished, Common, Private, Basement?: 1
Building
2 total units, 2 leased units, 1 one-bedroom unit, 1 two-bedroom unit, Built in 1949, Architectural style: Bungalow, Duplex, Upper/Lower Apartment, Brick, 1,313 total square feet, 1,313 combined square feet, 897 total basement square feet, Unit count: 2
Cooling
Central Air
Exterior Features
Lighting, Fenced
Fireplaces
Fireplace?: 0
Garage
Garage?: 0
Water Features
Natural Gas, Public (Municipal)
Heating
Forced Air, Natural Gas
Interior Features
Laundry Facility, Entrance Foyer
Lot
Lot size area: 0.11, Lot size dimensions: 40X120
Miscellaneous
Gross scheduled income: $31,200, Income projection: Actual, Monthly rental income: $2,600, Net operating income: $21,180, Operating expense: $10,020
Parking
3 parking spaces
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $4,786, Tax amount (winter): $924
Sewer
Sewer (Sewer-Sanitary)
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Mortgage Calculator - Source: Home Junction
Monthly Payment
$0
Quinton Lemond
Broker/Owner
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Schools In The Area

Check out nearby schools with ratings and contact info - Source: Home Junction
Northwood Elementary School 248-541-0229 Public KG-5
Addams Elementary School 248-288-3100 Public EE-5
Royal Oak Middle School 248-435-8400 Public 6-8
Royal Oak High School 248-435-8500 Public 9-12
Northwood Elementary School 248-541-0229 Public KG-5
Northwood Elementary School 248-541-0229 Public KG-5
Addams Elementary School 248-288-3100 Public EE-5
Royal Oak Middle School 248-435-8400 Public 6-8
Royal Oak High School 248-435-8500 Public 9-12

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IDX provided courtesy of Realcomp II Ltd., via GoodHome Realty, LLC and Quinton Lemond, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

IDX provided courtesy of Realcomp II Ltd., via GoodHome Realty, LLC and Quinton Lemond, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

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