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$ 1,510,000
Est. payment /mo
New
1804 E 11 MILE Road Royal Oak, MI 48067
8 Baths
0.45 Acres Lot
UPDATED:
02/26/2025 06:42 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Royal Oak City
Subdivision Royal Oak City
MLS Listing ID 20250012589
Originating Board Realcomp
Year Built 1956
Annual Tax Amount $9,706
Lot Size 0.450 Acres
Acres 0.45
Lot Dimensions 200.19 x 98.00
Property Description
1804 E 11 Mile is a stabilized 8-unit apartment building located in Royal Oak, Michigan. All 8 units are 1 bedroom 1 bath, 550 square feet. There are 13 parking spaces for the apartment building. The property is 100% occupied grossing over $10,350 per month. All of the apartment units have been renovated over the past few years. The units consist of tile flooring in the kitchen, and laminent in the living area, bedroom, and bathroom. The counters have been updated with granite, and the kitchens have stainless steel appliances and new cabinets. Each unit has its own individual furnace and hot water tank - along with stacked washer and dryer. This provides forced heat and AC for the tenant. Tenants have individual electric and gas bills, and the landlord pays for water, sewer and trash.
Location
State MI
County Oakland
Area Oakland County - 70
Zoning Multi-Family
Direction 11 Mile and Campell
Rooms
Basement Slab
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Sewer Public
Water Public
Schools
School District Royal Oak
Others
Tax ID 2523102040
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Greater Development LLC