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406 CATALPA Drive

$ 309,999


Wow, What a Great Opportunity to own a Multi Family House in Downtown Royal Oak. This is a MUST SEE. Property Is Being Sold as a 2 Unit Property. this great multi family home has many pluses including, Hardwoods in both units and a fireplace in entry. Property has Updated kitchens in all units, Newer Roof, Newer Furnaces and a Large Deck for entry unit off back of house. All appliances stay. This is it. Most important is the sought after Location! Perfect for an owner occupied home as well.

Address: 406 CATALPA DR
Zip: 48067
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Property Id : 26088
Price: $ 309,999
Bedrooms: 2
Bathrooms: 3
Building size: 0.12 acres
Available Space: 1706 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Architecture Style: Colonial
Assessment: 0
Basement Type: Daylight,Finished
Baths Full: 3
Baths Half: 0
CDOM: 70
Construction Materials: Brick,Vinyl
County Or Parish: Oakland
Cooling: Central Air
Directions: Multi Family House on Catalpa
Directions From EastWest: W
Directions From EastWest Detail: Main
Directions From NorthSouth: N
Directions From NorthSouth Detail: Catalpa
DOM: 70
Foundation Details: Basement
Foundation Materials: Block
Gross Scheduled Income: 28200.00
Heating: Forced Air
Heating Fuel: Natural Gas
Income Projection: Actual
Last Change Type: Price Decrease
List Office Name: Century 21 Campbell Realty
List Price By Acre: 2583325.0000
Lockbox Location: Front Door
Lock Box Type: Appointment/LockBox
Living Area Source: Public Records
Lot Size Dimensions: 40.00X128.00
MLS: Realcomp II Ltd
MLS Area Major: Royal Oak
MLS Area Major Number: 02251
MLS Number: 219095775
Monthly Rental Income: 2350
Number Of Units Leased: 1
Annual Net Income: 999999.00
Number Of Units Total: 2
Original List Price: 339000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: 2516279018
Postal City: Royal Oak
Postal Code Plus 4: 1248
Property Type: Multifamily
Protection Period: 180
Pets Allowed: Yes
Porch Type: Deck,Porch
Rent Includes: Garbage Pickup
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: 118390.0000
Street Name: CATALPA
Street Number: 406
Street Suffix: Drive
Subdivision Name: EVANS HIGHLAND NO 2
Sqft Combined: 2306
Sqft Lower Floor: 600
Sqft Total Bsmt: 800
Table: Multi Family
Tax Amount Summer: 5187.0000
Tax Amount Winter: 971.0000
Tax Legal Description: T1N, R11E, SEC 16 EVANS HIGHLAND NO 2 LOT 168, ALSO 1/2 OF VAC ALLEY ADJ TO SAME
Title: Private - Owned
Total Tax: 6158.0000
Unit Count: 2
Unit Efficiency Number Of: 0
Unit Four Bed Number Of: 0
Unit Loft Number Of: 0
Unit One Bed Number Of: 0
Unit Three Bed Number Of: 0
Unit Two Bed Number Of: 2
Virtual Tour URL Unbranded:
Water Heater Fuel: Natural Gas
Water Source: Municipal Water
Year Built: 1957
Zoning: Multi-Family
Customer Comment: Yes
Encroachment: No
Exclusions: No
Existing Lease: Yes
Land Contract: No
Legal Rental Certified: Yes
Publish Sale Price: Yes
Waterfront: No
Basement: Yes
Down Payment Resource: No
Percent Homestead Exempt: No
Pool: No
IDX provided courtesy of Realcomp II Ltd., via Century 21 Campbell Realty and Realcomp, © 2022 Realcomp II Ltd. Shareholders.

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