637 S CONNECTICUT, Royal Oak, Michigan 48067

$899,000
5.1
BA
3,520
SqFt
List Price
$899,000
Ownership
Private Owned, Short Sale - No
MLS#
219050145
Status
ACTIVE
Bathrooms
5.1
Half-baths
1
Subdivision
RESUB OF WHITE ACRES PARK SUB

Property Description

Incredible opportunity to own a piece of Royal Oak history with this rare FIVE unit 1929 Tudor. Prime location on one of the nicest streets in all of RO, this property is sure to impress any investor looking to add to their portfolio. Seller took incredible care of the property, please reference pictures for updates. Large stone fireplaces in four of the five units, exposed wood beams throughout making this property truly enchanting. One of the units is vacant as of 5/26/2019 due to renter buying their own home. Seller currently occupies largest unit which is three bedroom and one and a half bath. All utilities are included in rent. Proof of funds required for viewing, cash offers only to be considered at this time. Projected 7.3 cap rate. Updates include: Newer boiler, new driveway, sod and sprinkler system. There is street parking without permit required and enough parking on the driveway for up 4 cars comfortably. Easy to maintain and easy to rent.

Additional Information

Summer Taxes
4222
Winter Taxes
798
Year Built
1929
Basement Type
Finished
Total Number Of Units
5
Conforms To Zoning
Yes
Zoning
Multi-Family
No 1 Bedrooms
3
No 2 Bedrooms
1
No 3 Bedrooms
1
Acres
0.15
Lot Dimensions
50.00X129.00
Style
Other
Acres
0.15
School District
Royal Oak
Cooling
Ceiling Fans 2+, Window Units 2+
Heating
Steam
Exterior Features
Chimney Cap(s), Gutter Guard System, Sprinkler(s)

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Max Broock, REALTORS®-Birmingham.

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