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    1401 Catalpa Drive

    Royal Oak, MI 48067
    • $375,000
    • STATUS: Active
    • ON SITE: 37 days
    • ID#: 2210049368
    UPDATED: 59 min ago
    $375,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 1,800
      SQFT
    • $208
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1951
    County:
    Area:
    Zoning:
    Residential
    Lot Size Dimensions:
    37X120

    School Ratings & Info

    School District:

    Description

    Fabulous opportunity to live in one unit while renting out the other. Or rent both units out! Close to Woodward and walking distance to down town Royal Oak, this building has been exceedingly well cared for and is on the market for the first time in 35 years. This sweet property has been a great money maker for all this time and now it's time to pass the torch. 2 kitchens - 2 meters - 1 furnace (4-5 years old) - 1 central air unit - 1 ceiling fan - 1 washer/dryer. Each unit has its own additional storage unit in the basement. One car garage and 4 car parking pad. Please note: the Florida room is not counted in the total square footage. The seller also has for you a finished basement, for the use of both apartments and the rental of the garage at 350 per quarter. . Tenants pay all utilities. Could be turned back into a single family residence or use the upper floor as a mother-in-law suite. THE GARAGE HAS BEEN RENTED OUT FOR $350 PER QUARTER.

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    © 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Keller Williams West Bloomfield are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-08-02T06:56:24.467.
    www.purchasemi.com/homes/118713609
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    1401 Catalpa Drive Royal Oak, MI 48067

    • Price: $375,000
    • Status: Active
    • Updated: 59 min ago
    • ID#: 2210049368
    0
    Beds
    3
    Baths
    0
    ½ Baths
    0.1
    Acres
    1,800
    SQFT
    $208
    $/SQFT
    1951
    Built
    Neighborhood:
    MAPLE GROVE SUB
    County:
    Oakland
    Area:
    Royal Oak
    School District:
    ROYAL OAK
    Property Description
    Fabulous opportunity to live in one unit while renting out the other. Or rent both units out! Close to Woodward and walking distance to down town Royal Oak, this building has been exceedingly well cared for and is on the market for the first time in 35 years. This sweet property has been a great money maker for all this time and now it's time to pass the torch. 2 kitchens - 2 meters - 1 furnace (4-5 years old) - 1 central air unit - 1 ceiling fan - 1 washer/dryer. Each unit has its own additional storage unit in the basement. One car garage and 4 car parking pad. Please note: the Florida room is not counted in the total square footage. The seller also has for you a finished basement, for the use of both apartments and the rental of the garage at 350 per quarter. . Tenants pay all utilities. Could be turned back into a single family residence or use the upper floor as a mother-in-law suite. THE GARAGE HAS BEEN RENTED OUT FOR $350 PER QUARTER.
    Exterior Features

    Architecture Level 2 Story Architecture Style Bungalow Construction Materials Brick Exterior Features Awning/Overhang(S)FencedOutside Lighting Foundation Details Basement Foundation Materials Block Lot Size Dimensions 37X120 Multifamily Parking GaragesOff SiteOn Street Parking Total 3 Pool YN No Porch Type PorchPorch - Covered Road Frontage Feet 37 Road Frontage Type PavedPub. Sidewalk Roof Material Asphalt Waterfront YN No

    Interior Features

    Basement Type CommonFinished Basement YN Yes Baths Total 3.00 Cooling Attic FanCentral Air Heating Forced Air Heating Fuel Natural Gas Interior Features Cable AvailableHigh Spd Internet AvailHumidifierLaundry FacilityProgrammable Thermostat Room Count 0 Sq Ft Combined 2750 Sq Ft Lower Floor 950 Sq Ft Total Basement 950 Unit Efficiency 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

    Property Features

    Assessment 0 Encroachment YN No Exclusions YN No Gross Scheduled Income 28220.00 Income Projection Projected Inventory List YN No Land Contract YN No Legal Rental Certified YN Yes Listing Financing CashConventional Monthly Rental Income 2260 Net Operating Income 24000.00 Number Of Units Leased 2 Ownership Status Private OwnedShort Sale - No Percent Homestead Exempt YN No Postal City Royal Oak Protection Period 180 Days Rent Includes Yard Maintenance Restrictions YN No Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 3567.0000 Tax Amount Winter 673.0000 Title Private - Owned Total Tax 4240.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 1401 CATALPA DR Water Source Municipal Water Zoning Residential

    IDX provided courtesy of Realcomp II Ltd., via Century 21 Curran & Oberski and Realcomp, ©2021 Realcomp II Ltd. Shareholders.


    © 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Keller Williams West Bloomfield are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-08-02T06:56:24.467.
     
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