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506 W 12 Mile Road, Royal Oak, MI 48073

$470,000
  • 506 W 12 Mile Road, Royal Oak, MI 48073 Main Photo
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Pending
BEDS0 BATHS2 full 1 partial SQUARE FEET2,088 MLS#20261006323
STATUSPending PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONForest Heights SCHOOLRoyal Oak

Property Description

Turn-Key Brick Duplex Near Downtown Royal Oak! Well-maintained and updated multi-family property offering two spacious units, each with 2 bedrooms and 1 full bath, generous living and dining areas, and strong rental appeal. Features include hardwood floors throughout, updated kitchens and all appliances included. Upper unit offers newer neutral carpet and a private deck; lower unit includes an enclosed Florida room (not included in square footage). Major updates provide peace of mind: new roof (2019, full tear-off with lifetime warranty), newer energy-efficient windows, and new concrete driveway. Property offers separate utilities including two furnaces, two central A/C units, two hot water heaters, and separate washers and dryers. Additional highlights include a two-car garage with extra parking pad, fenced yard, large private basement storage areas, and owned security system. Excellent opportunity for owner-occupants or investors seeking a low-maintenance asset in a prime, high-demand Royal Oak location close to downtown amenities. Lease income projected.

506 W 12 Mile Road | MLS# 20261006323

This multi-family property located at 506 W 12 Mile Road, Royal Oak, MI 48073 is currently listed for sale with an asking price of $470,000. W 12 Mile Road is located within the Royal Oak school district. Search Royal Oak real estate on www.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Partially Finished
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Colonial
Lot Size: 0.15 Acres
Year Built: 1952

Feature Descriptions

Architecture: Colonial
Days on Site: 79
Exterior: Brick
Foundation: Basement
Frontage Feet: 50
Lot Dimensions: 0.15 Acre(s)
Lower Level Finished Sqft: 300
Road Frontage: Paved
Summer Tax: $7176.0000
Water Heater: Natural Gas
Winter Tax: $1238.0000

Local Schools

School District: Royal Oak

Listed By / Shown By

Listed By

Agency Name: Real Estate One GPF
Agency Phone: (313) 884-0600

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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Estimated Payment

$ 2,766.13 per month $2,629.05 Principal & Interest $0.00 Property Tax (data not provided by mls) $137.08 Homeowner's Insurance

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