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306 N KENWOOD Avenue

$ 250,000


Amazing INVESTMENT opportunity in the HOT MARKET of ROYAL OAK!!! Upper 1 bedroom unit is is currently rented to a long term Tennant who would like to stay at $700 per month. The 2 bedroom entry level unit is vacant, well updated, and should easily get $900 per month + utilities. Lease on upper is month to month. Updates include Vinyl windows, furnace, water tank, updated electrical, plumbing, sewer. Basement is waterproofed and dry!!! Shared basement and garage area for storage!!!

Address: 306 N KENWOOD AVE
Zip: 48067
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Property Id : 29785
Price: $ 250,000
Bedrooms: 2
Bathrooms: 2
Building size: 0.14 acres
Available Space: 1396 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Architecture Style: Colonial,Duplex
Assessment: 0
Basement Type: Common,Unfinished
Baths Full: 2
Baths Half: 0
Construction Materials: Aluminum
County Or Parish: Oakland
Directions: North Off Of 11 Mile And East Of Campbell
Directions From EastWest: E
Directions From EastWest Detail: Campbell
Directions From NorthSouth: N
Directions From NorthSouth Detail: 11 mile
DOM: 8
Foundation Details: Basement
Foundation Materials: Block
Frontage Feet: 50
Gross Scheduled Income: 8400.00
Heating: Forced Air
Heating Fuel: Natural Gas
Income Projection: Actual
Last Change Type: New
List Office Name: Quest Realty LLC
List Price By Acre: 1785714.2857
Lockbox Location: Front Door
Lock Box Type: Appointment/LockBox
Living Area Source: Public Records
Lot Size Dimensions: 50.00X124.00x50x124
MLS: Realcomp II Ltd
MLS Area Major: Royal Oak
MLS Area Major Number: 02251
MLS Number: 2200051953
MF Parking: Assigned Spaces,Garages
Monthly Rental Income: 700
Number Of Units Leased: 1
Annual Net Income: 8400.00
Number Of Units Total: 2
Original List Price: 250000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: 2514355003
Postal City: Royal Oak
Postal Code Plus 4: 2374
Property Type: Multifamily
Protection Period: 180
Pets Allowed: Cats OK,Dogs OK
Porch Type: Balcony,Breezeway,Deck,Porch - Covered
Road Frontage Type: Paved
Roof Material: Asphalt
Room Count: 0
School District: Royal Oak
Settlement: City
Sewer: Sewer-Sanitary
Short Sale: No
State Equalized Value: 92920.0000
Street Dir Prefix: N
Street Name: KENWOOD
Street Number: 306
Street Suffix: Avenue
Subdivision Name: HOWARTH GARDENS
Sqft Combined: 1396
Sqft Total Bsmt: 760
Table: Multi Family
Tax Amount Summer: 3470.0000
Tax Amount Winter: 816.0000
Tax Legal Description: T1N, R11E, SEC 14 HOWARTH GARDENS LOT 41
Title: Private - Owned
Total Tax: 4286.0000
Unit Count: 2
Unit Efficiency Number Of: 0
Unit Four Bed Number Of: 0
Unit Loft Number Of: 0
Unit One Bed Number Of: 1
Unit Three Bed Number Of: 0
Unit Two Bed Number Of: 1
Water Heater Fuel: Natural Gas
Water Source: Municipal Water
Year Built: 1917
Year Remodeled: 2020
Zoning: Multi-Family
Customer Comment: Yes
Encroachment: No
Exclusions: No
Existing Lease: No
Land Contract: No
Legal Rental Certified: Yes
Publish Sale Price: Yes
Restrictions: No
Waterfront: No
Zone Conform: Yes
Basement: Yes
Down Payment Resource: No
Percent Homestead Exempt: Yes
Pool: No
IDX provided courtesy of Realcomp II Ltd., via Quest Realty LLC and Realcomp, © 2022 Realcomp II Ltd. Shareholders.

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