BEDS0
BATHS14 full 14 partial
SQUARE FEET9,800
MLS#20261006674
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLRoyal Oak
Property Description
Devon Street Apartments is a fully stabilized, 14-unit apartment building located in the desirable community of Royal Oak, Michigan. The property features 14 units. Of the 14 units 10 of them are one bed one bath (3 of those are Loft), 3 two bed one bath, and 1 three bed one bath. The property has 28 off street dedicated parking spaces for tenants. The property is 100% occupied, generating a gross monthly income of over $17,900. Over the last few years, the Devon Street Apartments have undergone an extensive transformation, with every unit receiving upgraded kitchens, bathrooms, flooring, and modern fixtures. These high-end renovations allow the property to command premium rents in the Royal Oak market while ensuring low operational costs and minimal deferred maintenance for ownership. With its strong occupancy, renovated units, and close proximity to Royal Oak and Birmingham, The Devon Street Apartments offers a rare combination of stability and upside potential in a prime location
Property Features
Property Type: Multi Unit - Multiple
Fuel Type: Natural Gas
Heating: Baseboard, Hot Water
Home Style: Bungalow
Lot Size: 0.11 Acres
Year Built: 1953
Feature Descriptions
Architecture: Bungalow
Days on Site: 113
Exterior: Block, Brick, Wood
Foundation: Slab
Lot Dimensions: 100x50
Road Frontage: Paved
Summer Tax: $18000.0000
Winter Tax: $2577.0000
Local Schools
School District: Royal Oak
Listed By / Shown By
Listed By
Agency Name: Greater Development LLC
Agency Phone: (313) 209-2900
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
Estimate Your Payment
Estimated Payment
$ 15,302.00 per month $14,543.66 Principal & Interest $0.00 Property Tax (data not provided by mls) $758.33 Homeowner's Insurance
3915 Devon | MLS# 20261006674
This multi-family property located at 3915 Devon, Royal Oak, MI 48073 is currently listed for sale with an asking price of $2,600,000. Devon is located within the Royal Oak school district. Search Royal Oak real estate on www.ikeyrealty.com today.