241 Girard Avenue new Save Request In-Person Tour Request Virtual Tour
Royal Oak,MI 48073
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Bassett & Smiths North Main
MLS Listing ID 25018683
Year Built 1926
Annual Tax Amount $2,868
Tax Year 2024
Lot Size 5,053 Sqft
Property Sub-Type 2 to 4 Units
Property 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.
Location
State MI
County Oakland
Area Oakland County - 70
Interior
Heating Forced Air
Cooling Window Unit(s)
Fireplaces Number 1
Laundry Common Area,In Basement,Laundry Room
Exterior
Parking Features Paved
Utilities Available Natural Gas Connected
View Y/N No
Roof Type Other
Building
Lot Description Golf Community
Structure Type Brick,Vinyl Siding
New Construction No
Schools
School District Royal Oak
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional