802 S Lafayette Avenue

Royal Oak, MI 48067
$500,000
Income-producing duplex in the heart of downtown Royal Oak! This well-maintained property offers 1,650 sq ft with two separate units, each with its own private entrance. The lower flat features a spacious 1-bedroom layout, while the upper unit offers 2 bedrooms. Both units have updated kitchens and bathrooms, rear deckRead MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of Elementary Homes, LLC..
Listing Snapshot
Days Online
31
Last Updated
Property Type
Multifamily
Lot Size
0.12 Acres
Year Built
1904
MLS Number
81026007965
30 Days Snapshot - Source: Home Junction
30 Days Snapshot Of 48067
$292k
+4%
(avg) sold price
49
-19%
homes sold
71
-4%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Basement?: 1
Building
2 total units, 1 one-bedroom unit, 1 two-bedroom unit, Built in 1904, Brick, Unit count: 2
Cooling
Window Unit(s)
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Interior Features
Laundry Facility, Cable Available
Lot
Lot size area: 0.12, Lot size dimensions: 43x120
Miscellaneous
Gross scheduled income: $44,218, Net operating income: $42,801, Operating expense: $1,417
Parking
4 parking spaces
Property
Property type: Multifamily
Taxes
Tax amount (summer): $6,841
Sewer
Sewer (Sewer-Sanitary)
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Mortgage Calculator - Source: Home Junction
Monthly Payment
$0
Quinton Lemond
Broker/Owner
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