Price Reduction
Address
1401 Catalpa Dr Royal Oak, MI
Price
$ 410,000
Property Attributes
  • ML#40088458
  • TypeMulti-Family
  • CountyOAKLAND
  • CityRoyal Oak
  • AreaRoyal Oak
  • NeighborhoodRoyal Oak
  • Zip48067
  • StyleBungalow
  • Year Built1951
  • Taxes4240
  • Price$ 410,000
  • Bedrooms0
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage1800
  • Lot Size4,356 SqFt
Listing Provided Courtesy Of:
Century 21 Curran & Oberski
Property Description

Fabulous opportunity to live in one unit while renting out the other 2. Or rent all 3 units out! Close to Woodward and walking distance to down town Royal Oak, this building has been exceedingly well cared for and is on the market for the first time in 35 years. This sweet property has been a great money maker for all this time and now it's time to pass the torch. 3 kitchens - 2 meters - 1 furnace (4-5 years old) - 1 central air unit - 1 ceiling fan - 1 washer/dryer. Each unit has its own additional storage unit in the basement. One car garage and 4 car parking pad. Please note: the Florida room is not counted in the total square footage. the seller gets rents for the lower level garden suite, and for the other two apartments and the rental of the garage at 350 Per quarter. The seller is motivated to sell and will look at all offers. Tenants pay all utilities.

Price History
8/7/2020 Listed $425,000
9/1/2020 4% - $410,000

General Features

Bathrooms 3
Class MULTIFAMILY
Community Amenities Pets-Allowed
Cooling Attic Fan, Central A/C
Directions South side of Catalpa, East of Woodward
Exterior Features Fenced Yard, Porch
Financial Terms Cash, Conventional
Full Baths 3
Heating Forced Air
Interior Features Cable/Internet Avail.
Legal Description T1N, R11E, SEC 16 MAPLE GROVE SUB LOT 165
Listing Area Royal Oak (63251)
Municipality Royal Oak
Originating Mls RealComp
Ownership Private
Parking 3 or More Spaces, Garage, On Street
School District Royal Oak Neighborhood Schools
Source Mls MI Real Source
Status Active
Status Active
Structure Style 1 1/2 Story
Style Bungalow
Subdivision MAPLE GROVE SUB
Subj To Short Sale Apprvl No
Type Multi-Family
Water Public Water
Water Heater Gas
Year Built 1951
Zoning Residential

Interior Features

Basement Block, Common, Finished
Fireplace? No
Fuel Type Natural Gas
Total Number of Units 3

Exterior Features

Exterior Brick
Foundation Type Basement
Frontage 37
Lot Description Sidewalks
Lot Dimensions 37x120
Lot Size Area 0.1
Roads Paved Street
Sewer Septic Public Sanitary
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 48067

Price
AVG $350K
$410K
Taxes
AVG $4,291
$4,240
Visits
AVG 25
6
Year Built
AVG 1936
1951
Walkscore
AVG 68
67
Data Provided by Walkscore ® not using MLS data

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