1002 Washington Ave Royal Oak, MI 48067

This exceptional investment opportunity presents a charming, historic two-story apartment building situated in the heart of Royal Oak, Michigan. Boasting a total of 2,087 square feet, this property comprises three one-bedroom units and one studio apartment, all currently occupied at 100% capacity, providing immediate and stable income. Built in 1910, the building exudes timeless character while offering a strong return on investment. The asking price is $565,000, translating to approximately $188,333 per unit and $270.72 per square foot. The property features a convenient two-car garage. All tenants are on month-to-month leases. Located at 1002 S Washington Ave and 309 W Hudson Ave, Royal Oak, MI 48067, this multifamily property benefits from a prime location within a desirable and thriving community, offering strong demographics and significant potential for long-term growth. This is a rare opportunity for investors seeking a stable, income-generating asset in a highly sought-after area. The building's solid occupancy rate and historic charm make it an attractive proposition for discerning investors.