925 E 2nd Street, Royal Oak, MI 48067

$449,000
2
BA

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List Price
$449,000
Price Change
▼ $13,000 1790746108
Days on Market
63
MLS#
26044792
Status
ACTIVE
Type
Multifamily
Bathrooms
2

Property Description

INVESTMENT OPPORTUNITY DUPLEX | $43,000 GROSS ANNUAL INCOME | UPSIDE POTENTIAL UPPER UNIT AVAILABLE IMMEDIATELY FOR $1850 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. Outside, enjoy a large, private backyard surrounded by mature greenery, offering a peaceful retreat just moments from the energy and convenience of Downtown Royal Oak's dining, entertainment, and shopping. A compelling opportunity to combine classic architectural charm with income-producing potential. Financial records and historical rental information available upon request. Whether you're looking for an income-producing investment, a property with future flexibility, or the opportunity to live in one unit while generating rental income from the other, this distinctive Tudor duplex offers an exceptional opportunity in a highly "walkable" location to downtown Royal Oak. Upper unite now available to lease. See MLS Residential Lease. All Offers to be submitted to Deborah Jalaba @ deborah.jalaba@remax.net

Additional Information

Owner Pays
None
Taxes
$9,930
Acres
0.15
Basement
Full
Heating
Forced Air
School District
Royal Oak
Tenant Pays
Electricity, Gas, Water
Total Parking Spaces
2
Utilities
Natural Gas Connected, Electricity Connected, Cable Available
Water
Public Water

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Listing courtesy of Listing Agent: Deborah Jalaba from Listing Office: RE/MAX Classic Blm. Hills.

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