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$ 499,900
Est. payment /mo
New
4811 BRIARWOOD Avenue Royal Oak, MI 48073 1301
3 Baths
2,280 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,280 sqft
Price per Sqft $219
Subdivision Mi
MLS Listing ID 60388515
Style 2 Story
Full Baths 3
Year Built 1963
Annual Tax Amount $7,416
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 67.00 x 120.00
Property Sub-Type Multi-Family
Property Description
Investment Opportunity: Multi-Unit Property at 4811 Briarwood Ave Discover this well-maintained three-unit property nestled in the desirable area of Royal Oak, MI. Spanning 2,280 sq. ft., this fully rented building is an excellent opportunity for investors looking to acquire an income-generating asset. Unit Configuration: One spacious 2-bedroom, 1-bath unit, perfect for families or those seeking extra space. Two charming 1-bedroom, 1-bath units, ideal for singles or couples seeking cozy living. Fully Rented: All units are currently occupied, providing immediate rental income and minimizing vacancy risk. Location Benefits: Situated in a vibrant neighborhood with easy access to local amenities, shops, parks, and public transportation, enhancing the appeal for prospective tenants. Investment Potential: This property presents a fantastic opportunity for both seasoned investors and first-time buyers looking to enter the rental market. Don’t miss out on the chance to own this income-generating multi-unit property in Royal Oak. Schedule a viewing today and explore the potential this investment holds! Updates Include: New sprinkler system in 2020, hot water tank, vanity, new hard wood floors in the 1 bed downstairs, new toilet, gutter guards.
Location
State MI
County Oakland
Area Royal Oak (63251)
Zoning Multi-Family
Rooms
Basement Poured, Finished
Interior
Heating Forced Air
Cooling Central A/C
Fireplace No
Exterior
Exterior Feature Aluminum, Brick
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Aluminum,Brick
Schools
School District Royal Oak Neighborhood Schools
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by EXP Realty Main