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506-508 W 12 MILE Road

$ 390,000
506-508 W 12 MILE RD ,
140
Active

Description

BEAUTIFUL “TURN-KEY’ UPDATED BRICK MULTI-FAMILY DUPLEX CLOSE TO DOWNTOWN ROYAL OAK. TWO UNITS BOTH HAVING 2 BEDROOMS, 1 BATH, SPACIOUS LIVING ROOM, DINING ROOM AND KITCHEN. LOWER LEVEL HAS AN ENCLOSED FLORIDA ROOM, NOT INCLUDED IN SQUARE FOOTAGE. HARDWOOD FLOORS THRU-OUT. KITCHEN HAS GRANITE COUNTERS, TILE BACK-SPLASH, CERAMIC FLOOR AND ALL APPLIANCES ARE INCLUDED. UPPER UNIT HAS NEWER NEUTRAL CARPET THRU-OUT. KITCHEN HAS WHITE CABINETS AND COUNTER-TOPS, CERAMIC FLOOR AND ALL APPLIANCES INCLUDED PLUS A PRIVATE DECK. MANY NEWER ENERGY EFFICIENT WINDOWS. TWO CAR GARAGE WITH ADDITIONAL PARKING PAD IN FENCED YARD. BASEMENT HAS LARGE PRIVATE STORAGE AREAS, 2 WASHERS, 2 DRYERS AND 2 HOT WATER HEATERS. 2 SEPARATE FURNACES, 2 CENTRAL AIR-CONDITIONERS. SECURITY ALARMS (OWNED). NEW CEMENT DRIVEWAY. BOTH UNITS ARE RENTED. PLEASE ALLOW 24 HOUR NOTICE TO SHOW, IF POSSIBLE.

Address: 506-508 W 12 MILE RD
City:
State/County:
Zip: 48073
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Property Id : 29790
Price: $ 390,000
Bedrooms: 2
Bathrooms: 2.1
Building size: 0.15 acres
Available Space: 2088 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Architecture Style: Colonial,Upper/Lower Apartment
Assessment: 0
Basement Type: Common,Partially Finished,Private Storage Locker
Baths Full: 2
Baths Half: 1
CDOM: 28
Construction Materials: Brick
County Or Parish: Oakland
Cooling: Ceiling Fan(s),Central Air
Directions: North side of Twelve Mile Road just east of Crooks Road
Directions From EastWest: E
Directions From EastWest Detail: Crooks Road
Directions From NorthSouth: N
Directions From NorthSouth Detail: W. Twelve Mile Rd
DOM: 28
Exterior Features: Fenced,Outside Lighting,Private Entry
Foundation Details: Basement
Foundation Materials: Block
Frontage Feet: 50
Gross Scheduled Income: 32000.00
Heating: Forced Air,Separate Meters
Heating Fuel: Natural Gas
Income Projection: Actual
Interior Features: Cable Available,Laundry Facility,Security Alarm (owned)
Last Change Type: Price Decrease
List Office Name: Max Broock, REALTORS®-Bloomfield Hills
List Price By Acre: 2600000.0000
Lockbox Location: Side Door
Lock Box Type: Appointment/LockBox
Living Area Source: Public Records
Lot Size Dimensions: 50.00X134.00
MLS: Realcomp II Ltd
MLS Area Major: Royal Oak
MLS Area Major Number: 02251
MLS Number: 2200049581
MF Parking: Garages,Paved,Other
Monthly Rental Income: 2600
Number Of Units Leased: 2
Annual Net Income: 32000.00
Number Of Units Total: 2
Original List Price: 400000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: 2509457014
Postal City: Royal Oak
Postal Code Plus 4: 4039
Property Type: Multifamily
Protection Period: 180
Parking Total: 3
Pets Allowed: Yes
Porch Type: Porch
Rent Includes: Garbage Pickup,Snow Removal,Yard Maintenance
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: 113370.0000
Street Dir Prefix: W
Street Name: 12 MILE
Street Number: 506-508
Street Suffix: Road
Subdivision Name: FOREST HEIGHTS
Sqft Combined: 2688
Sqft Lower Floor: 600
Sqft Total Bsmt: 1044
Table: Multi Family
Tax Amount Summer: 3669.0000
Tax Amount Winter: 693.0000
Tax Legal Description: T1N, R11E, SEC 9 FOREST HEIGHTS SUB LOT 555
Title: Private - Owned
Total Tax: 4362.0000
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
Water Heater Fuel: Common,Natural Gas
Water Source: Municipal Water
Year Built: 1952
Year Remodeled: 2011
Zoning: Multi-Family
Customer Comment: Yes
Encroachment: No
Exclusions: No
Existing Lease: Yes
Inventory List: Yes
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: No
Pool: No
IDX provided courtesy of Realcomp II Ltd., via Max Broock, REALTORS®-Bloomfield Hills and Realcomp, © 2022 Realcomp II Ltd. Shareholders.

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