1226 E 6th Street
Royal Oak, MI 48067

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Description

HIGH-INCOME POTENTIAL MEETS DOWNTOWN STYLEDISCOVER THE ULTIMATE OPPORTUNITY FOR HOUSE HACKING OR SMART INVESTING WITH THIS BEAUTIFULLY UPDATED, TURN-KEY DUPLEX LOCATED IN THE HEART OF ROYAL OAK, MICHIGAN. PERFECTLY POSITIONED ON A PRIME CORNER LOT, THIS PROPERTY OFFERS THE RARE CHANCE TO LIVE IN ONE UNIT WHILE THE OTHER PAYS YOUR MORTGAGE, PROVIDING UNMATCHED AFFORDABILITY IN ONE OF OAKLAND COUNTY'S MOST SOUGHT-AFTER ZIP CODES. THIS HOME SEAMLESSLY BLENDS MODERN UPDATES WITH THAT CLASSIC, COZY ROYAL OAK VIBE, MAKING IT AN IDEAL CHOICE FOR AN OWNER-OCCUPANT LOOKING TO OFFSET THEIR LIVING EXPENSES WITH IMMEDIATE RENTAL INCOME.THE LOCATION IS A COMMUTER'S DREAM, OFFERING EASY ACCESS TO THE VIBRANT SHOPPING, DINING, AND ENTERTAINMENT OF DOWNTOWN ROYAL OAK. THE PROPERTY ITSELF HAS BEEN METICULOUSLY MAINTAINED WITH A FOCUS ON LONGEVITY AND AESTHETIC APPEAL, FEATURING A FRESH INTERIOR PAINT PALETTE, PROFESSIONALLY CLEANED CARPETS, AND NEWLY INSTALLED BLINDS. THE MAIN FLOOR BATHROOM SHINES, WHILE THE EXTERIOR BOASTS NEW CEMENT WORK AND A CUSTOM-BUILT RETAINING WALL THAT ENHANCES THE SIDE GARDEN'S CURB APPEAL. BOTH UNITS ENJOY THE CONVENIENCE OF PRIVATE ENTRIES, ENSURING PRIVACY FOR BOTH THE OWNER AND THE TENANT.FUNCTIONALITY IS AT THE FOREFRONT OF THIS INCOME-GENERATING PROPERTY, WHICH IS ALREADY REGISTERED AS A RENTAL DUPLEX WITH THE CITY OF ROYAL OAK. THE LOWER-LEVEL TENANT, WHO IS CURRENTLY ON A MONTH-TO-MONTH LEASE, WOULD LOVE TO STAY, PROVIDING A SEAMLESS TRANSITION FOR THE NEW OWNER. RESIDENTS WILL APPRECIATE THE SHARED LAUNDRY FACILITIES AND THE ABUNDANCE OF STORAGE SPACE IN THE BASEMENT AND THE DETACHED 2 CAR GARAGE. PLENTY OF ON STREET EASY PARKING. WHETHER YOU ARE A FIRST-TIME HOMEBUYER LOOKING FOR AN AFFORDABLE ENTRY INTO THE MARKET OR AN INVESTOR SEEKING A HIGH-DEMAND RENTAL, THIS MOVE-IN READY DUPLEX IS A STANDOUT CHOICE IN THE CURRENT ROYAL OAK REAL ESTATE MARKET. FAVORABLE FHA TERMS? NO PROBLEM!

Features

• Property Type: Multi Family Home
• Sub Type: Multi Family Home
• Listing Status: Active
• County/Area: Oakland County
• Zip Code: 48067
• Year Built: 1924
• Subdivision/Neighborhood: Royal Oak City
• School District: Royal Oak
• Basement: Yes
• Lot Size: 4792 sq ft lot
• Association: Yes
• Association Amenities: Pets Allowed
• Construction Materials: Vinyl Siding
• Cooling: Central Air
• Directions: SOUTH ON BLAIR FROM 4TH TO 6TH STREET
• Extras: Laundry Facility
• Gross Income: 20000
• Heat Source: Natural Gas
• Heating: Forced Air
• Lot Features: Sidewalk
• Lot Size Area: 0.11
• Lot Size Square Feet: 4791.6
• Lot Size Units: Acres
• MLS Area Major: Oakland County - 70
• MLS Area Minor: Oakland County - 70
• Main Type: Multi Family
• Operating Expense: 7000
• Parcel Number: 2522258007
• Road Frontage: 39
• SEV: 181120
• Street Type: Paved
• Tax Annual Amount: 7117
• Tax Legal Description: T1N, R11E, SEC 22 WATCH FARM SUB LOT 76
• Total Approx Sq Ft All Bldgs: 1744
• Total Num Units: 2
• Township: Royal Oak City
• Water Source: Public