Royal Oak Condo Portfolio Multi-Family FOR SALE


Royal Oak, MI
$1,860,000 USD
248-515-2785
, Royal Oak, MI for Sale
$1,860,000 USD
Multi-Family - FOR SALE
1/2
null | 5% Cap Rate

Royal Oak Condo Portfolio
Royal Oak, MI


OVERVIEW

The Royal Oak Condo Portfolio, which consists of two properties, is located in Royal Oak, MI. This friendly community is within walking distance to shopping, banks, parks, and a great school district. Lincoln Street Condos was built in 1952. It contains 7 condominium homes: 7 one-bedroom, one-bath units, each measuring 500 square feet. Normandy Place Condos was built in 1955. It contains 5 condominium Townhomes: 4 two-bedroom, one-bath units, each measuring 950 square feet. & 1 two-bedroom, two-bath unit, each measuring 1,200 square feet. Both properties have been well-maintained over the years. All the units have been upgraded to differing degrees, and many of the upgrades have occurred over the past 10 years.

ASK ABOUT THIS PROPERTY

Bruce ListerIncome Property OrganizationMore Info
248-515-2785

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Bruce ListerIncome Property OrganizationMore Info
248-515-2785

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.