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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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903 E 3rd St E , Royal Oak, MI 48067
$479,900
Est. Payment: $1,066.44/mo
4 Bed
2 Bath
2754 Sqft
Status: Active | Days on site: 94
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House Description

LOCATION! LOCATION! LOCATION!Rare opportunity to own a classic Tudor duplex on a prominent corner lot just a 7-minute walk to Downtown Royal Oak's vibrant Main Street district.*** Lower unit is now vacant so it is a perfect opportunity for owner occupant to live in one unit and rent the other which is already occupied by a long term tenant.Surrounded by mature trees and showcasing timeless brick Tudor architecture, this unique property features two spacious units, each offering 2 bedrooms, 1 full bath, a formal dining room, living room, and kitchen. The nearly identical floorplans provide excellent flexibility for investors and future owner-occupants alike.Current month-to-month tenant in the upper unit. Lower unit is now unoccupied making this an ideal candidate for immediate move-in owner occupied or rent at higher rate reflective of area. provide immediate rental income while preserving future flexibility. Property features separate electrical service, separate central air conditioning systems, vinyl windows, a shared basement with dedicated laundry for each unit, and a detached two-car garage.Enjoy the convenience of being just a short walk from Downtown Royal Oak's acclaimed restaurants, shopping, entertainment, nightlife, farmers market, and year-round community events. Duplexes offering this combination of character, location, and long-term upside rarely become available.Whether you're seeking a strong investment opportunity, a future owner-occupancy option, or a premier addition to your real estate portfolio, 903 E. 3rd Street delivers location, charm, and exceptional potential in one of Metro Detroit's most desirable neighborhoods.

Highlights

Listed by Brian J Sullivan , 248-327-0588 Auburn Hills Property Services LLC , 248-652-7555.

Property Type

Residential

Lot/Acreage
0.1

Year Built

1928

County

Oakland

Neighborhood

Royal Oak City

School District

City of Royal Oak

Listing ID

20261044673

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Washer, Range, Dryer, Dishwasher
Water:Public

Exterior Features

Lot:Corner Lot
Roof:Asphalt
Others:
  • Additional:Fenced Back, Porch(es)
Sewer:Public
Parking Features:Detached
Principal Interest
$1,066
Taxes
$505

Home Price

$479,900

Loan Details

30 yrs
%

Down Payment

20%
$95,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,066.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,066.44 $505.00 $0.00 $1,571.44
Yearly $12,797.33 $6,060.00 $0.00 $18,857.33
Total $383,920.00 $181,800.00 $0.00 $565,720.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Royal Oak, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.