8
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$1,070,000
Est. payment /mo
12 Baths
0.29 Acres Lot
Active
2129 Normandy Road Royal Oak, MI 48073
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Royal Oak City
Subdivision Royal Oak City
MLS Listing ID 20261006660
Year Built 1955
Annual Tax Amount $10,641
Lot Size 0.290 Acres
Acres 0.29
Lot Dimensions 87X145
Source Realcomp
Property Description
The Woodland Apartments is a fully stabilized, 6-unit apartment building located in the desirable community of Royal Oak, Michigan. The property features 6 units. Of the 6 units 5 of them are one bed one bath, and 1 is two bed one bath. The property has 6 off street dedicated parking spaces for tenants. The property is 100% occupied, generating a gross monthly income of over $7,500. Over the last few years, the Kent Street Apartments have undergone an extensive transformation, with every unit receiving upgraded kitchens, bathrooms, flooring, and modern fixtures. These high-end renovations allow the property to command premium rents in the Royal Oak market while ensuring low operational costs and minimal deferred maintenance for ownership. With its strong occupancy, renovated units, and close proximity to Royal Oak and Birmingham, The Woodland Apartments offers a rare combination of stability and upside potential in a prime location.
Location
State MI
County Oakland
Area Oakland County - 70
Zoning Multi-Family
Direction Normandy
Rooms
Basement Slab
Interior
Heating Baseboard
Exterior
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Royal Oak
Others
Tax ID 2505404023
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Greater Development LLC
NEARBY SCHOOL & BUSINESS
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