925 E 2nd St

Royal Oak, MI 48067
  • $449,000

    Price
  • 4

    Bed
  • 0.15

    Acre

About the Listing 814703184073 - 81175322505725

INVESTMENT OPPORTUNITY DUPLEX \ $43,000 GROSS ANNUAL INCOME \ UPSIDE POTENTIAL UPPER UNIT AVAILABLE IMMEDIATELY FOR $1850 PER MO. (MLS#26054816) Exceptional opportunity to own a charming 1930s English Tudor-style duplex offering approximately $43,000 in gross annual rental income, with potential for future income growth. Both units have an established rental history, with tenant track records and historical financial information available upon request. Whether you're expanding your investment portfolio or seeking an owner-occupant opportunity, this distinctive multifamily property offers flexibility and long-term potential. This property features two separate 2-BDR 1-BTH units, each with its private enclosed sunroom. Inside, timeless architectural details blend with distinctive individual character. The upper unit showcases beautifully maintained dark hardwood floors and a handsome craftsman-style fireplace, while the lower unit features light oak flooring and a charming fireplace. Outside, enjoy a large, private backyard surrounded by mature greenery, offering a peaceful retreat just moments from the energy and convenience of Downtown Royal Oak's dining, entertainment, and shopping. A compelling opportunity to combine classic architectural charm with income-producing potential. Financial records and historical rental information available upon request. Whether you're looking for an income-producing investment, a property with future flexibility, or the opportunity to live in one unit while generating rental income from the other, this distinctive Tudor duplex offers an exceptional opportunity in a highly "walkable" location to downtown Royal Oak. Upper unite now available to lease. See MLS Residential Lease. (MLS#26054816)

Listing Highlights for 925 E 2nd St

Status Active
Days on Site 81
Property Type Multi-Family
MLS ® 81026044792
Year Built 1930
Lot/Acreage 0.15
County Oakland
Neighborhood Fourth Avenue
School District Royal Oak

Interior Details

  • Bedrooms: 4
  • Appliances:
  • Air Cond: Wall Unit(s),Window Unit(s)
  • Heating: Forced Air,Natural Gas
  • Fireplaces:
  • Floor:
  • Basement:
  • Other: Laundry Facility,Forced Air
  • Water: Public (Municipal)

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 4
  • Lot Dimensions: 50 x 127
  • Roof: Other
  • Others: Aluminum,Block,Brick,Paved,Pub. Sidewalk
  • Sewer: Sewer (Sewer-Sanitary)
  • Parking Features: Garage,Paved

Financial Details

  • Tax Amount: $9,930
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 2522201018
  • Tax Year: N/A

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Listing Location

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925 E 2nd St Royal Oak, MI 48067

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Originating MLS: Greater Metropolitan Association of REALTORS®

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Terri Fenelon

Realtor/Associate Broker | Terri Fenelon Real Estate Group | Real Broker, LLC

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