$995,000 For Sale

410 Crane Avenue
Royal Oak, MI 48067

Multi Family Home
0.54 acres - MLS# 20251055337
Property Photo
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Description

INVESTMENT OPPORTUNITY! If you're thinking about investing in Royal Oak you cannot miss out on this EXTREMELY RARE PROPERTY! Over a half acre, 3 possible income streams on a tranquil dead end street, and walking distance to downtown RO! OR live in the main house and collect part of house payment. Serene setting with concrete fountain and huge deck w/ built in bar. Not only are the grounds spectacular it features a charming but updated nearly 3000 sq ft main house, a licensed over 1000 sq ft totally remodeled carriage house w/ attached garage and a massive 4 car garage built in 1990 with an 1200 sq ft huge loft perfect to add an apartment. The first floor rooms and primary bdrm are massive. All windows have been replaced with Anderson & vinyl to keep the timeless charm. All baths completely renovated & marble lav. Refinished hardwood floors throughout. Primary bdrm w/ large wic, crown molding, recessed lighting, and balcony over looking the grounds. Charming slate sitting area with fp centered between built ins with leaded glass doors. Huge 4 season front porch. Carriage house features a newer roof, furnace, & ac. Also, remodeled with refinished pine floors, new cabinets & quartz counters, and newer carpet. Carriage house & garage loft included in main house dimensions. All appls included in house & carriage house. Also, great investment opportunity. Carriage house has been leased for $1850, the house has potential of $5000-$6000, and the 4 car garage $1500-$2000. See mls #

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Oakland County
  • Zip Code: 48067
  • Year Built: 1917
  • Subdivision/Neighborhood: Royal Oak City
  • School District: Royal Oak
  • Basement: Yes
  • Lot Size: 0.54 acres
  • Construction Materials: Vinyl Siding
  • Cooling: Central Air
  • Directions: West on Crane off Washington, dead end street
  • Extras: Laundry Facility
  • Gross Income: 102000
  • Heat Source: Natural Gas
  • Heating: Forced Air
  • Lot Size Area: 0.54
  • Lot Size Square Feet: 23522.4
  • Lot Size Units: Acres
  • MLS Area Major: Oakland County - 70
  • MLS Area Minor: Oakland County - 70
  • Main Type: Multi Family
  • Parcel Number: 2516426023
  • Road Frontage: 135
  • SEV: 336510
  • Street Type: Paved
  • Tax Annual Amount: 9532
  • Tax Legal Description: T1N, R11E, SEC 16 ASSESSOR'S PLAT NO 4 ELY PART OF LOT 10 INCLUDING VAC PORTION OF CRANE AVE DESC AS BEG AT A PT ON N LINE OF LOT 10 SD PT BEING 158 FT ELY FROM NW COR OF LOT 10, TH ELY 149.70 FT TO NE COR OF LOT 10, TH SLY ALG ELY LINE OF
  • Total Approx Sq Ft All Bldgs: 3842
  • Total Num Units: 3
  • Township: Royal Oak City
  • Water Source: Public
Courtesy of Kimberly C Hosner, RE/MAX First
Source: Michigan Regional Information Center (MichRIC)
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