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308 W 12 MILE Road

$ 455,905
308 W 12 MILE RD ,
45
Active

Description

FOUR UNIT MULTIFAMILY PROPERTY WITHIN WALKING DISTANCE TO ROYAL OAK – WITH UPDATES AND IN GOOD CONDITION! SEPARATE ELECTRICAL METERS FOR ALL UNITS. PLENTY OF PARKING. DON’T MISS OUT ON THIS FANTASTIC INVESTMENT OPPORTUNITY.

Address: 308 W 12 MILE RD
City:
State/County:
Zip: 48073
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Property Id : 26045
Price: $ 455,905
Bedrooms: 4
Bathrooms: 4
Building size: 0.43 acres
Available Space: 1959 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Architecture Style: Quadruplex
Assessment: 0
Baths Full: 4
Baths Half: 0
CDOM: 595
Construction Materials: Brick,Vinyl
County Or Parish: Oakland
Directions: NORTH OF 12 MILE RD AND WEST
Directions From EastWest: W
Directions From EastWest Detail: OF MAIN ST
Directions From NorthSouth: N
Directions From NorthSouth Detail: OF 12 MILE RD
DOM: 595
Exterior Features: Outside Lighting
Foundation Details: Slab
Foundation Materials: Poured
Frontage Feet: 127
Gross Scheduled Income: 37260.00
Heating: Forced Air
Heating Fuel: Natural Gas
Income Projection: Actual
Last Change Type: Price Decrease
List Office Name: KW Platinum
List Price By Acre: 1060244.1860
Lock Box Type: Appointment/LockBox
Living Area Source: Public Records
Lot Size Dimensions: 127.00X146.00
MLS: Realcomp II Ltd
MLS Area Major: Royal Oak
MLS Area Major Number: 02251
MLS Number: 218108114
MF Parking: Assigned Spaces
Monthly Rental Income: 3107
Number Of Units Leased: 4
Annual Net Income: 26998.00
Number Of Units Total: 4
Original List Price: 479900.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: 2509482022
Postal City: Royal Oak
Postal Code Plus 4: 4035
Property Type: Multifamily
Protection Period: 180
Parking Total: 8
Porch Type: Porch
Road Frontage Type: Paved,Pub. Sidewalk
Roof Material: Asphalt
Room Count: 0
School District: Royal Oak
Settlement: City
Sewer: Sewer-Sanitary
Short Sale: No
Sqft Source: PRD
State Equalized Value: 115550.0000
Street Dir Prefix: W
Street Name: 12 MILE
Street Number: 308
Street Suffix: Road
Subdivision Name: H L KOPPIN'S SUB
Sqft Combined: 1959
Table: Multi Family
Tax Amount Summer: 5004.0000
Tax Amount Winter: 815.0000
Tax Legal Description: T1N, R11E, SEC 9 H L KOPPIN'S SUB LOTS 8, 9 & 10, ALSO 1/2 VAC ALLEY ADJ THERETO
Title: Private - Owned
Total Tax: 5819.0000
Unit Count: 3
Unit Efficiency Number Of: 0
Unit Four Bed Number Of: 0
Unit Loft Number Of: 0
Unit One Bed Number Of: 2
Unit Three Bed Number Of: 1
Unit Two Bed Number Of: 1
Water Heater Fuel: Natural Gas
Water Source: Municipal Water
Year Built: 1901
Zoning: Residential
Customer Comment: Yes
Encroachment: No
Exclusions: Yes
Inventory List: No
Land Contract: No
Legal Rental Certified: Yes
Publish Sale Price: Yes
Restrictions: No
Waterfront: No
Zone Conform: Yes
Basement: No
Down Payment Resource: No
Percent Homestead Exempt: No
Pool: No
IDX provided courtesy of Realcomp II Ltd., via KW Platinum and Realcomp, © 2021 Realcomp II Ltd. Shareholders.

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