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503 S Troy Street Royal Oak, MI 48067
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Key Details
Sold Price $650,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,792 sqft
Price per Sqft $171
Subdivision Mi
MLS Listing ID 60106061
Sold Date 09/28/22
Style 2 Story
Full Baths 5
Half Baths 5
Year Built 1905
Annual Tax Amount $3,920
Lot Dimensions 100.00X120.00
Property Description
Magnificence defined! Immaculate 5 unit apartment building in downtown Royal Oak. Well maintained property by the same family for about 45 years. 5 spacious studios with various floor plans. 2 of the units have an extra room for beds and upstairs lofts. Laundry room and spacious office/workshop located in the basement. Parking lot has 8 stalls for the residents. Long term residents have enjoyed their home for several years. This is a top notch asset to provide strong passive income for a new owner!
Location
State MI
County Oakland
Area Royal Oak (63251)
Zoning Commercial
Rooms
Basement Poured, Partially Finished
Interior
Heating Hot Water, Other-See Remarks
Fireplace No
Exterior
Exterior Feature Other
Waterfront No
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Other
Schools
School District Royal Oak Neighborhood Schools
Others
Ownership Private
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Conventional
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with LPS
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