NOT LISTED FOR SALE

605 W Hudson Ave Royal Oak, MI 48067

4 Beds
4 Baths
3,606 Sq Ft
6,534 Sq Ft Lot

Last Sold March 01, 2018

Last sale price $530,000 $147 Per Sq Ft

22 Days on Market

Highlights

  • Enclosed Patio or Porch
  • Lobby
  • Ceiling Fan
  • Northwood Elementary School Rated A-
  • Forced Air Heating and Cooling System
  • Laundry Facilities

About This Home

As of March 2018

Incredible investment opportunity! Well maintained 4 unit apartment building in a fantastic location just minutes from downtown Royal Oak. Very spacious 1 bed 1 bath units each with a large 3 season screened in porch. Individual storage units for each tenant in basement and 1 assigned parking space for each tenant in the back. Large amount of additional storage in the basement and attic space provides the opportunity to finish and convert to another rental unit if desired. 3 units currently leased at $1025/mo. 4th unit leased at $975/mo. Tenants pay all utilities except water. Management has the capability to charge tenants separately for water consumption. A/C, furnace, gas, electric is separate to each unit. New roof 2015.

Last Agent to Sell the Property

Cheryl Sage

Berkshire Hathaway HomeServices Kee Realty License #6501375859 Listed on: 01/06/2018

Berkshire Hathaway HomeServices Kee Realty

Last Buyer's Agent

Natalie Sheena

DOBI Real Estate License #6501239878

DOBI Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1924

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 70x92.77

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 4 Full Bathrooms
  • 3,606 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Unassigned Parking

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2521409030

Community Details

Overview

  • 4 Units

Amenities

  • Laundry Facilities
  • Lobby

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,658

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Common Entry Building, Quadruplex
  • Architecture Level: 2 Story
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Laundry Facility
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Common
  • Sq Ft Combined: 3606
  • Total Sq Ft: 3606
  • Sq Ft Total Bsmt: 1803

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 70
  • Porch Type: Porch - Enclosed
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: Unassigned/General
  • Total Parking Spaces: 4

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Royal Oak

Lot Info

  • List Price per Acre: 4000000.0000
  • Lot Size Area: 0.15
  • Lot Dimensions: 70x92.77
  • Parcel Number: 2521409030
  • Zoning: Commercial

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup), Water/Sewer, Yard Maintenance
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 4050

Tax Info

  • Tax Amount Summer: 9117.0000
  • Tax Amount Winter: 1541.0000
  • Total Tax: 10658.0000

Multi Family

  • Number Of Units Total: 4
  • Unit Count: 1
  • Number of One Bedroom Units: 4
  • Number Of Units Leased: 4

MLS Schools

  • School District: Royal Oak

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2018 03/01/18 Sold $530,000 -11.7% $147 / Sq Ft
01/28/2018 01/28/18 Pending -- -- --
01/06/2018 01/06/18 For Sale $600,000 +20.0% $166 / Sq Ft
12/23/2015 12/23/15 Sold $500,000 -16.7% $92 / Sq Ft View Prior Sale
08/25/2015 08/25/15 Pending -- -- --
04/08/2015 04/08/15 For Sale $600,000 -- $111 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218001401

Realcomp