2041 N Main Street

Royal Oak, MI 48073
Square Ft.
4,580
$1,550,000
Phenomenal opportunity to own a meticulously maintained multi-family property in the heart of Royal Oak! This turnkey gem perfectly blends contemporary updates with timeless original charm in every unit, ensuring high tenant appeal and long-term value. Investors and owner-occupants will appreciate the significant capital improvements already completed, including a whole-buildingRead MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of ERA Prime Real Estate Group, (248) 474-3303
Listing Snapshot
Days Online
19
Last Updated
Property Type
Multifamily
Square Ft.
4,580
Lot Size
0.23 Acres
Year Built
1924
MLS Number
20261031385
30 Days Snapshot Of 48073
$278k
-10%
(avg) sold price
81
+32%
homes sold
51
-17%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Interior Entry, Unfinished, Common, Private Storage Locker, Basement?: 1
Building
4 total units, 2 leased units, 4 two-bedroom units, Built in 1924, Architectural style: Common Entry Building, Quadruplex, Brick, 4,580 total square feet, 4,580 combined square feet, 2,218 total basement square feet, Unit count: 4
Cooling
Ceiling Fan(s), Window Unit(s)
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Natural Gas, Public (Municipal)
Heating
Hot Water, Natural Gas
Interior Features
Cable Available
Lot
Lot size area: 0.23, Lot size dimensions: 64X155
Miscellaneous
Gross scheduled income: $99,000, Income projection: Projected, Monthly rental income: $8,250, Net operating income: $90,100, Operating expense: $8,900
Parking
6 parking spaces
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $7,715, Tax amount (winter): $1,489
Sewer
Sewer (Sewer-Sanitary)
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GEM Realty & Development
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IDX provided courtesy of Realcomp II Ltd., via GEM Realty & Development and Gregory Morad, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.