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Russell Cataldo

rcataldo@cataldogroup.com +1(734) 309-8006

$ 1,550,000

4 Baths

4,580 SqFt

Save

$ 1,550,000

Save

4 Baths

4,580 SqFt

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Rent

Square Footage 4,580 sqft

Subdivision Weitzels Houstonia Heights

MLS Listing ID 20261031385

Style CommonEntryBuilding,Quadruplex

Full Baths 4

Year Built 1924

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type MultiFamily

Property Description

Phenomenal opportunity to own a meticulously maintained multi-family property in the heart of Royal Oak! This turnkey gem perfectly blends contemporary updates with timeless original charm in every unit, ensuring high tenant appeal and long-term value. Investors and owner-occupants will appreciate the significant capital improvements already completed, including a whole-building rewiring with each unit individually metered to simplify utility management. The property also boasts newer roofs on both the main building and the detached garage, a reliable boiler system installed in 2013, and newer energy-efficient windows throughout. A standout feature of this property is the expansive basement, which offers a dedicated section ready to be finished into a professional home office or creative studio—complete with its own private exterior entrance. This rare "X-factor" provides incredible versatility for a remote worker or the potential for additional utility. Each unit also has private storage and laundry room. Whether you're looking to expand your investment portfolio or "house-hack" in one of Metro Detroit's most vibrant and walkable communities, this property stands out as a rare find where all the heavy lifting has already been done. Schedule your showing today and secure this mechanically sound and aesthetically stunning investment!

Location

State MI

County Oakland

Area Area02251Royaloak

Rooms

Basement Common, Full, Interior Entry, Private Storage Locker, Unfinished

Interior

Heating Hot Water, Natural Gas

Cooling Ceiling Fans, Window Units

Fireplace No

Exterior

Parking Features Assigned, Lighted, ParkingPad, Carport

Pool None

Utilities Available CableAvailable

View Y/N No

Roof Type Other, Rubber

Garage false

Building

Foundation Basement, Block

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Royal Oak

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Yes

Listed by Tim Holden of ERA Prime Real Estate Group

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(734) 309-8006

rcataldo@cataldogroup.com

16664 Sherwood Ln, Woodhaven, MI, 48183, USA

Learn More About LPT Realty

2041 N Main ST Royal Oak, MI 48073