316 Mary Avenue Royal Oak, MI 48073
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
Excellent opportunity on this 5-unit brick apartment building located in Royal Oak near the corner of 12 Mile and Main St. Minutes to downtown Royal Oak & Beaumont Hospital. Three 1-bedroom, One 2-bedroom and One 3-bedroom Units. 7% CAP RATE. Fully Occupied. Turn key. 8 Parking Spots. New construction/remodel in 2019. Each unit offers spacious living area, New stony oak floor, dove grey kitchen cabinets, new Samsung Stoves in each unit, New Central Air, with built in dehumidifier & fresh air ventilators. Separate Electric Meters for each apartment. Coin Operated Commercial laundry units Included. On Site Parking. Do not disturb tenants. Tenant Pays: Elec & water. P&L docs available upon request
|10 hours ago||Listing updated with changes from the MLS|
|2 months ago||Price changed to $994,500|
|3 months ago||Status changed to Active|
|3 months ago||Price changed to $995,000|
|3 months ago||Listing first seen online|