51
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$459,900
Est. payment /mo
3 Baths
2,280 SqFt
Price Dropped by $20K
4811 BRIARWOOD Avenue Royal Oak, MI 48073 1301
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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 $201
Subdivision Mi
MLS Listing ID 60399120
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
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Listed by RE/MAX Leading Edge