506 W 12 Mile Road
Royal Oak, MI 48073

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Description

Turn-Key Brick Duplex Near Downtown Royal Oak!Well-maintained and updated multi-family property offering two spacious units, each with 2 bedrooms and 1 full bath, generous living and dining areas, and strong rental appeal. Features include hardwood floors throughout, updated kitchens and all appliances included. Upper unit offers newer neutral carpet and a private deck; lower unit includes an enclosed Florida room (not included in square footage).Major updates provide peace of mind: new roof (2019, full tear-off with lifetime warranty), newer energy-efficient windows, and new concrete driveway. Property offers separate utilities including two furnaces, two central A/C units, two hot water heaters, and separate washers and dryers. Additional highlights include a two-car garage with extra parking pad, fenced yard, large private basement storage areas, and owned security system.Excellent opportunity for owner-occupants or investors seeking a low-maintenance asset in a prime, high-demand Royal Oak location close to downtown amenities. Lease income projected.

Features

• Property Type: Multi Family Home
• Sub Type: Multi Family Home
• Listing Status: Active
• County/Area: Oakland County
• Zip Code: 48073
• Year Built: 1952
• Subdivision/Neighborhood: Royal Oak City
• School District: Royal Oak
• Basement: Yes
• Lot Size: 6534 sq ft lot
• Association: Yes
• Association Amenities: Pets Allowed
• Construction Materials: Brick
• Directions: East of Crooks, Northside of 12 Mile Rd.
• Gross Income: 39600
• Heat Source: Natural Gas
• Heating: Forced Air
• Lot Size Area: 0.15
• Lot Size Square Feet: 6534
• Lot Size Units: Acres
• MLS Area Major: Oakland County - 70
• MLS Area Minor: Oakland County - 70
• Main Type: Multi Family
• Parcel Number: 2509457014
• Road Frontage: 50
• SEV: 169350
• Street Type: Paved
• Tax Annual Amount: 8414
• Tax Legal Description: T1N, R11E, SEC 9 FOREST HEIGHTS SUB LOT 555
• Total Approx Sq Ft All Bldgs: 2088
• Total Num Units: 2
• Township: Royal Oak City
• Util Availat Street: Public Sewer