49
See all 49 photos
$449,888
Est. payment /mo
2 Baths
1,250 SqFt
New
1027 E 5TH Street Royal Oak, MI 48067
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,250 sqft
Price per Sqft $359
Subdivision Mi
MLS Listing ID 61018735
Style 1 Story
Full Baths 2
Year Built 1925
Annual Tax Amount $8,224
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 49.83X105
Property Sub-Type Multi-Family
Property Description
Opportunities like this don't come around often! This charming Arts & Crafts-style duplex is just a short walk from vibrant downtown Royal Oak, offering the perfect blend of character, updates, and investment potential. Whether you're looking to owner-occupy while generating rental income or expand your investment portfolio, this property is a fantastic opportunity. The spacious lower unit features timeless charm with hardwood floors, a natural fireplace, stunning arched doorways, original woodwork and doors, and a large enclosed front porch. Offering 2 bedrooms and 1 full bath, this unit also includes one garage space, private washer and dryer in the shared basement, and dedicated storage. The updated upper unit offers 1 bedroom and 1 full bath with hardwood floors, a beautifully remodeled kitchen featuring granite countertops, custom cabinetry, stainless steel appliances, and high-end fixtures. The updated bathroom includes a tiled shower and vanity with additional storage. This unit also has assigned parking, private washer and dryer in the shared basement, and dedicated storage. Major updates include new siding (2023), roof (2006), back porch and balcony (2011), and lower unit tub surround (2010). Located just minutes from downtown Royal Oak's restaurants, shopping, entertainment, parks, and major freeways, this well-maintained duplex offers strong rental appeal in one of Metro Detroit's most sought-after communities.
Location
State MI
County Oakland
Area Royal Oak (63251)
Zoning Multi-Family
Rooms
Basement Block
Interior
Heating Forced Air
Cooling Central A/C
Fireplace No
Exterior
Exterior Feature Brick, Vinyl Siding
Building
Story 1 Story
Foundation Basement
Water Public Water
Structure Type Brick,Vinyl Siding
Schools
School District Royal Oak Neighborhood Schools
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional,FHA,VA
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Good Company
Nearby Locations
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