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1401 CATALPA Drive Royal Oak, MI 48067
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Key Details
Sold Price $350,000
Property Type Multi-Family
Sub Type Bungalow
Listing Status Sold
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $194
Subdivision Maple Grove Sub
MLS Listing ID 2210049368
Sold Date 09/21/21
Style Bungalow
Bedrooms 2
Full Baths 3
Originating Board Realcomp II Ltd
Year Built 1951
Annual Tax Amount $4,240
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 37x120
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.
Location
State MI
County Oakland
Area Royal Oak
Zoning Residential
Direction South side of Catalpa, East of Woodward
Rooms
Basement Finished, Common
Interior
Interior Features Cable Available, High Spd Internet Avail, Humidifier, Laundry Facility, Programmable Thermostat
Hot Water Natural Gas
Heating Forced Air
Cooling Attic Fan, Central Air
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Exterior Feature Awning/Overhang(s), Lighting, Fenced
Garage Spaces 3.0
Roof Type Asphalt
Porch Porch - Covered, Porch
Road Frontage Paved, Pub. Sidewalk
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Bungalow
Level or Stories 2 Story
Structure Type Brick
Schools
School District Royal Oak
Others
Pets Allowed Yes
Tax ID 2516304005
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Coldwell Banker Realty-GPF