817 W 12 MILE Road Royal Oak, MI ^$ 599,000

817 W 12 MILE Road

^$ 599,000

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817 W 12 MILE Road

Royal Oak, MI, 48073

^$ 599,000

Studio Baths2.0 Sq 1,485

Monthly Estimate*

^$ 3,981

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Studio

Multi-Family Home for sale in Royal Oak, MI

for $599,000 with 2 full baths. This 1,485 square foot home was built in 1955 on a lot size of 0.2.

This multi-family investment property is located conveniently on a corner lot on 12 Mile Road between Woodward Ave and Crooks Road. This multi-family structure consists of two units: Unit 817 has two bedrooms and one bathroom. Unit 823 has three bedrooms and two bathrooms, the 3rd bedroom is in the finished basement. Both units feature separate entrances, detached garages and driveways. Both units have updated kitchens and new light fixtures. This property is across from Northwood Elementary School and in close proximity to downtown Royal Oak shops, restaurants, Detroit Zoo and major expressways!

Multi-Family Active

Price

^$ 599,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 5,484

Style

Ranch

Lot Size

0.2

Year Built

1955

Town/City

Royal Oak

County/Region

Oakland

MLS | Web ID

60304014

Features

General

Heating Forced Air

Cooling Central A/C

Possession Negotiable (Possession)

Exterior Features Porch

Water Public Water

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1955

Subdivision WESTMINISTER PARK SUB MI

Style Ranch

County Oakland

Class MULTIFAMILY

Type Multi-Family

Percent Ownership Private

Municipality Royal Oak

Zoning Residential

Structure Style 1 Story

Area Royal Oak (63251)

Primary City Royal Oak

Directions South off 12 Mile Road west of Main Street

City Royal Oak

School District Royal Oak Neighborhood Schools

Street Name 12 MILE

Financial Terms Cash Conventional

Legal Description T1N R11E SEC 16 WESTMINISTER PARK SUB N 86 FT OF LOTS 1 & 2

DOM 29

Postal Code 48073

Price Per Sq Ft Total 403.37

Coming Soon

Interior

Basement Poured

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Aluminum Brick

Frontage 100

Lot Size Area 0.2

Lot Dimensions 100x86

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Spencer Soka

Listing Agent

Signature Sotheby's International Realty Bham

Broker

ssoka@signaturesothebys.com

Affordability Calculator

$4,438

Per Month

Monthly Principal & Interest: $3,981
Monthly Property Taxes: $457
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Royal Oak, MI

Average List Price ^$1,113,300

Percent of Sale Price 86%

About Royal Oak, MI

58,569 Population

-2% Since 2002

^$69,342 Median Income

40.15 Median Age

17% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759413 Elementary School

759716 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/30/2024	$599,000		Listed Price

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817 W 12 MILE Road, Royal Oak, MI, 48073 is a Multi-Family Home for sale at $599,000 with 1,485 sqft and a lot size of 0.2. 817 W 12 MILE Road is a studio with 2.0 baths and was built in 1955. The property's zip code is 48073 which is in Royal Oak, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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817 W 12 MILE Road

Multi-Family Home for sale in Royal Oak, MI

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