105 Laurel Street, Royal Oak, Michigan 48067

$1,400,000

Property Details

MLS#: 20261039854
Bedrooms: N/A
Bathrooms: 6
Square Feet: 4,091
Price per Sqft: $342
Lot Size: 0.11 acres
Year Built: 2023
Property Type: ResidentialIncome
Status: Active
Days on Market: 3

Description

Brand New - Low Maintenance - Fully Leased - Income Generating Multi-Family - Downtown Royal Oak. 105 N Laurel was built in 2024 with sound-proofing insulation to reduce road noise to almost zero. This has been a huge selling point for the tenants along with in-unit laundry, free parking, outdoor space, and proximity to downtown restaurants, bars, shopping, and hospitals. Each unit has identical finishes with white cabinetry, granite countertops, stainless steel appliances, outdoor space (patio or balcony depending on the unit), and storage space (room or walk-in closet depending on the unit). There are four units, each about 1,000 sqft with two bedrooms, one full bathroom, one half bathroom, in-unit laundry, separately metered electricity and gas, furnace, water heater, central air, and two assigned parking spaces. The building includes a parking lot in the back with eight parking spaces. Each unit comes with a refrigerator, electric range, dishwasher, microwave, washer, and dryer. All tenants are current on rent. Three units are leased into 2027 and one to the end of this year. Showings are only available upon accepted offer. Unit B is showed in the listing photos. Additional photos and information are available upon request.

Location

This property is located in Royal Oak, Michigan. Royal Oak is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 105 Laurel Street?

105 Laurel Street is listed at $1,400,000, or $342 per square foot.

How many bedrooms does 105 Laurel Street have?

This property has N/A bedrooms and 6 bathrooms, with 4,091 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com

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