LOCATION LOCATION LOCATION!!!

4 Unit Multifamily located in t he heart of downtown Royal Oak. These properties do not come around often. This 4 unit multi-family's projected cash flow from rent is $4, 000/M. TENANT OCCUPIED.

(One unit currently vacant for showings). Owner pays lawn, snow and water. Laundry onsite in common area plus 4 separate storage lockers fr each unit. Two driveways and parking in the back. Proof of Funds OR Pre-approval letter must be shown prior to showing this property.

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on 817 S Center St
in Royal Oak, MI
Presented by David Maldonado at
Arterra Luxe Collection LLC.


Property MLS #20240014665 from Realcomp

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 4

+ Bathrooms

Total Bathrooms: 4 / 0
Full Bathrooms: 4

+ Interior Features

Cable Available
Laundry Facility
High Spd Internet Avail

+ Heating and Cooling

Cooling Features: Cooling: Window Unit(s)
Heating Features: Forced Air
Heating Fuel: Natural Gas
Water Heaters: Natural Gas

+ Other Rooms

Basement Description: Partially Finished, Common Storage Locker, Common

+ Exterior and Lot Features

Frontage Length: 50
Road Frontage Type: Paved
Porch Description: Deck

+ Land Info

Lot Size Acres: 0.13
Lot Size Dimensions: 50x120
Lot Size Square Feet: 5662

+ Rental Info

Gross Scheduled Income: 48000.00

+ Multi-Unit Info

Number of Units: 4
Number of 1 Bedroom Units: 4

+ School Information

School District: Royal Oak
+ Display Complete School Details

Royal Oak Middle School is a public middle school located approximately 0.8 miles away.
Map directions

Northwood Elementary School is a public elementary school located approximately 1.6 miles away.
Map directions

Royal Oak High School is a public high school located approximately 2.9 miles away.
Map directions

St. Mary Catholic School is a private elementary and middle school located approximately 0.2 miles away.
Map directions

+ Homeowners Association

Pets Allowed: Call

+ Other Property Info

ActivationDate : 2024-03-20
Annual Tax Amount: 9387
Source Listing Status: Pending
County: Oakland
Directions: Off Main St.
Source Property Type: Multifamily
Area: Royal Oak
Source Neighborhood: HUDSON & HANNAN SUB
Ownership Type: Short Sale - No, Private Owned
Parcel Number: 2521429005
Postal Code Plus 4: 3231
Subdivision: HUDSON & HANNAN SUB
Zoning: Multi-Family
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2021	$unknown + $unknown $161,980	$8,796
2020	$unknown + $unknown $154,250	$8,781
2019	$unknown + $unknown $151,300	$8,653
2018	$unknown + $unknown $105,290	$4,471
2017	$unknown + $unknown $87,270	$4,308
2016	$unknown + $unknown $81,280	$4,331
2015	$unknown + $unknown $76,450	$4,311
2014	$unknown + $unknown $73,440	$4,287
2013	$unknown + $unknown $72,690	$3,718
2012	$unknown + $unknown $74,410	$3,806
2011	$unknown + $unknown $76,170	$3,614
2010	$unknown + $unknown $83,770	$3,775
2009	$unknown + $unknown $87,100	$4,086
2008	$unknown + $unknown $88,600	$3,806
2007	$unknown + $unknown $86,630	$3,721

+ Reveal Property Sale History

Price Changed 2024-04-16
$599,900
Realcomp

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Listed 2024-03-18
$649,900
Realcomp

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Sold 2018-10-19
$415,000
Public Record

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Listing removed 2018-09-30
$400,000
Realcomp

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Listed 2018-09-27
$400,000
Realcomp

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Sold 2010-04-30
$162,500
Public Record

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Sold 2001-05-04
$200,000
Public Record

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Sold 1984-03-01
$68,000
Public Record

+ Building and Construction

Total Square Feet Living: 2260
Year Built: 1925
Construction Materials: Vinyl
Foundation Details: Basement
Property Age: 99
House Style: Quadruplex
Total Below Grade Area: 1034
Year Remodeled: 2015

+ Utilities

Sewer: Sewer at Street
Water Source: Public (Municipal)