907 E Fifth Street

Royal Oak, MI 48067
$550,000
Prime investment opportunity just minutes from downtown Royal Oak! This tenant-occupied upper/lower duplex features updated kitchens and bathrooms, hardwood flooring, and stainless steel appliances throughout. Each unit offers its own private laundry and dedicated storage, providing added convenience for tenants. Turnkey income property in a highly desirable location with strongRead MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of Elementary Homes, LLC..
Listing Snapshot
Days Online
3
Last Updated
Property Type
Multifamily
Lot Size
0.12 Acres
Year Built
1926
MLS Number
81026013055
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, Pub. Sidewalk
Basement
Basement?: 1
Building
2 total units, 1 two-bedroom unit, 1 three-bedroom unit, Built in 1926, Aluminum, Unit count: 2
Cooling
Central Air
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Interior Features
Other, Laundry Facility, Cable Available
Lot
Lot size area: 0.12, Lot size dimensions: 49x105
Miscellaneous
Gross scheduled income: $39,000, Net operating income: $37,000, Operating expense: $2,000
Parking
4 parking spaces
Property
Property type: Multifamily
Taxes
Tax amount (summer): $8,048
Sewer
Sewer (Sewer-Sanitary)
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Mortgage Calculator - Source: Home Junction
Monthly Payment
$0
Quinton Lemond
Broker/Owner
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