1125 S Lafayette Avenue, Royal Oak, MI 48067 3162
1125 S Lafayette Avenue, Royal Oak, MI 48067 3162
1125 S Lafayette Avenue, Royal Oak, MI 48067 3162
1125 S Lafayette Avenue, Royal Oak, MI 48067 3162
1125 S Lafayette Avenue, Royal Oak, MI 48067 3162
1125 S Lafayette Avenue, Royal Oak, MI 48067 3162
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$ 399,000
Est. payment | /mo

3 Baths

1,342 SqFt


Save
$ 399,000
Est. payment | /mo
Save

3 Baths

1,342 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,342 sqft

Price per Sqft $297

Subdivision Mi

MLS Listing ID 61024296

Style 1 Story

Full Baths 3

Year Built 1911

Annual Tax Amount $6,201

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 89.63X62.76

Property Sub-Type Multi-Family

Property Description

This three-unit property in Royal Oak is the perfect opportunity for investors or developers! Located just minutes from downtown and close to Woodward, this property offers convenient access to freeways, shopping, dining, parks, and all the amenities Royal Oak has to offer. The property features three separate units, including a one-bedroom, one-bath unit in the basement and another one-bedroom, one-bath unit on the first floor. The third unit offers a spacious first-floor living area, with two generously sized bedrooms and a full bath upstairs. Recent updates include a newer hot water heater and boiler. With established tenants, a beautiful large lot, and a prime location, this property offers excellent investment potential, including renovating for a bigger ROI and rent opportunities and also perfect for a future development. It could also be purchased in tandem with 1119 S. Lafayette next door, creating an exciting opportunity for a larger development or multiple investments. Don't miss the opportunity to explore all this property has to offer!

Location

State MI

County Oakland

Area Royal Oak (63251)

Zoning Residential

Rooms

Basement Poured, Finished

Interior

Heating Forced Air

Fireplace No

Exterior

Exterior Feature Aluminum, Vinyl Siding

Building

Story 1 Story

Foundation Basement

Water Public Water

Structure Type Aluminum,Vinyl Siding

Schools

School District Royal Oak Neighborhood Schools

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by Max Broock, REALTORS-Royal Oak

NEARBY SCHOOLS & PROPERTIES

Jackie Jones Kapuscinski

"I am here to help you every step of the way. Whether you are a first time home buyer or an experienced home owner, my goal is to make the process stress free and help you find the home of your dreams."

+1(419) 260-2806

jackie@jackiejonesrealtor.com

1910 IndianWood Circle, Maumee, OH 43537, USA

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1125 S Lafayette Avenue