802 S Lafayette Avenue
Royal Oak, MI 48067

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Description

Income-producing duplex in the heart of downtown Royal Oak! This well-maintained property offers 1,650 sq ft with two separate units, each with its own private entrance. The lower flat features a spacious 1-bedroom layout, while the upper unit offers 2 bedrooms. Both units have updated kitchens and bathrooms, rear deck porches, and access to shared on-site laundry. Dedicated on-site parking adds convenience for tenants. Located just minutes from downtown Royal Oak's restaurants, shops, and nightlife, this property is ideal for investors or owner-occupants looking to generate rental income in a highly desirable location.

Features

• Property Type: Multi Family Home
• Sub Type: 2 to 4 Units
• Listing Status: Active
• County/Area: Oakland County
• Zip Code: 48067
• Year Built: 1904
• School District: Royal Oak
• Units: 2 units
• Basement: Full, Yes, Yes
• # of Parking Spaces: 4
• Lot Size: 5184 sq ft lot
• Construction Materials: Brick
• Cooling: Window Unit(s)
• Cross Street: Lafayette and Lincoln
• Directions: Located on the corner of Lafayette and lincoln
• Driveway: Paved, Concrete
• Extras: Sep Electric Meter
• Gross Income: 44217.83
• Heat Source: Natural Gas
• Heat Type: Forced Air
• Heating: Forced Air
• Insurance Expense: 943
• Laundry Features: Common Area, Gas Dryer Hookup, Washer Hookup, In Basement, Laundry Room
• Lot Description: Corner Lot
• Lot Features: Corner Lot
• Lot Size Area: 0.12
• Lot Size Square Feet: 5184
• Lot Size Units: Acres
• Main Type: Multi Family
• Maintenance Expense: 474
• Number Of Buildings: 1
• Number Of Diff Unit Floor Plans: 2
• Operating Expense: 1417
• Ownership: Private Owned
• Parcel Number: 25-21-407-037
• Parking Features: Paved, Concrete
• Possession: Close Of Escrow
• Road Frontage: 43
• Road Surface Type: Paved
• Roof: Composition
• SEV: 158690
• Sewer: Public Sewer
• Street Type: Paved, Public
• Tax Annual Amount: 6840.56
• Tax Legal Description: T1N, R11E, SEC 21 A DONDERO'S SUB LOT 37
• Tax Year: 2025
• Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water
• Terms Available: Cash, Conventional
• Total Approx Sq Ft All Bldgs: 1650
• Township: Royal Oak City
• Util Availat Street: High Speed Internet, Cable Available, Phone Available
• Utilities: Cable Connected, Natural Gas Connected, Electricity Connected, Cable Available, Phone Available
• Water Source: Public Water