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Updated Turnkey Multifamily Property

2041 N Main St Royal Oak, MI 48073

2041 N Main St, Royal Oak, MI, 48073
$1,550,000
For Sale
$1,550,000

Meticulously maintained multifamily with individually metered utilities, newer roofs, energy-efficient windows, and a basement with separate exterior entry.

Days on Market75

Property Features for 2041 N Main St

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1924
Listing agency
Listed by Tim Holden
Source Elliman
Added: May 9 Updated: Jul 21 at 12:09PM Checked: Jul 22 at 9:44AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tim Holden


Investment Insights

Based on property information with market context.

This updated, well-maintained multifamily property is offered as a turnkey acquisition. Reported capital improvements include whole-building rewiring with each unit individually metered for utility management, newer roofs on both the main building and detached garage, and a boiler system installed in 2013. The property also features newer energy-efficient windows throughout, along with private storage and in-unit laundry room for each unit. An expansive basement adds practical versatility, including a dedicated area ready to be finished and a private exterior entrance.

Located in Royal Oak, the surrounding area is described as somewhat walkable, with a Walk Score of 54 and a Bike Score of 50 (bikeable).

Overall, the improvements noted in the offering materials focus on mechanical and envelope upgrades, while the basement configuration supports additional finished space potential through its separate entrance.

Key Highlights

  • Multi‑family property built in 1924 with capital improvements already completed.
  • Whole‑building rewiring with each unit individually metered for simplified utility management.
  • Newer roofs on both the main building and the detached garage.

Property Analytics

Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Real Estate Agency Restaurant Parking Lot & Garage Auto Parts Store Daycare Center HVAC Service Computer & Electronic Repair Accounting Firm Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Multifamily property - Meticulously maintained multifamily with individually metered utilities, newer roofs, energy-efficient windows, and a basement with separate exterior entry.
Where is this multifamily property located?
The property is located at 2041 N Main St Royal Oak, MI.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Multi‑family property built in 1924 with capital improvements already completed.; Whole‑building rewiring with each unit individually metered for simplified utility management.; Newer roofs on both the main building and the detached garage.
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