241 Girard Avenue

Royal Oak, Michigan 48073

  • 5 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 0.12
    Acre(Lot)
$649,900

Description

Investment opportunity: charming four-unit multi-family in prime royal oak location outstanding passive-income opportunity just blocks from the heart of vibrant downtown royal oak! this well-maintained four-unit property includes (3, one-bedroom units) and (1, spacious two-bedroom unit, all with a strong past rental history and excellent income potential. 5th unit possibility in the large walk-in attic presents a fantastic value-add opportunity--ideal for creating a one-bedroom additional studio apartment or expanding existing living space. nestled on a quiet, tree-lined street, this property offers the perfect blend of immediate cash flow and long-term appreciation.

  • Property Type

    Multifamily

  • Subdivision

    Bassett & Smiths North Main

  • County

    Oakland

  • Style

    Multifamily

  • AD ID

    49548281

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Property Details

  • Interior Features

    • Laundry Facility
    • Roof : Other
    • Basement Description: Walk-Out Access

    Heating & Cooling

    • Cooling: Window Unit(s)
    • Heating: Forced Air
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1926
    • Total Units: 4
    • Roof: Other
    • Foundation/Basement: Slab

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)

  • Lot Information

    • Lot Size: 0.12
    • Dimensions: 126x40x126x40

    Property Information

    • Subdivision: Bassett & Smiths North Main
    • Financing: Cash,Conventional

  • Listing Price Information

    • Original List Price: $649,900

    Listing Information

    • Possession: At Close
    • Legal Description: T1N, R11E, SEC 10 BASSETT & SMITH'S NORTH MAIN SUB LOT 155

  • Tax Information

    • Annual Tax: $2,868
    • Parcel Number: 2510152047

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: T1N, R11E, SEC 10 BASSETT & SMITH'S NORTH MAIN SUB LOT 155

  • Parking Information

    • Parking: 4

    Multi-Unit Information

    • Road Frontage: Paved

    Unit 1 Information

    • # of Bedrooms: 3

    Unit 2 Information

    • # of Bedrooms: 1

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 05/01/2025 @ 17:16

  • MLS: 625843076
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 5 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and Paved parking. are nearby neighborhoods.