1109 Catalpa Drive, Royal Oak, Michigan 48067

$359,900

Property Details

MLS#: 20261010336
Bedrooms: N/A
Bathrooms: 2
Square Feet: 1,313
Price per Sqft: $274
Lot Size: 0.11 acres
Year Built: 1949
Property Type: ResidentialIncome
Status: Active
Days on Market: 124

Description

Turnkey Royal Oak investment opportunity with immediate income! This fully occupied brick duplex is located just east of Woodward Avenue and a 10 minute walk down Catalpa to Trader Joe’s, in one of Royal Oak's most desirable rental markets. Both tenants recently signed new one-year leases extending through July 2027, providing stable cash flow from day one. The property currently generates $2,635 per month ($31,620 annually) in gross rental income and features a desirable unit mix consisting of a spacious two-bedroom lower unit and a one-bedroom upper unit. The lower unit offers classic Royal Oak charm with hardwood floors, coved ceilings, built-in shelving, and an updated kitchen, while the upper unit features an open-concept layout with a nice sized bedroom and full bath. Additional features include a common basement with laundry facilities, separate water heaters, tenant storage, a fenced backyard, and off-street parking. The attractive brick exterior, strong rental location, and long-term lease security make this an excellent addition to an investment portfolio. Property is 100% occupied. Matterport virtual tour available. Showings available only after accepted offer.

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 1109 Catalpa Drive?

1109 Catalpa Drive is listed at $359,900, or $274 per square foot.

How many bedrooms does 1109 Catalpa Drive have?

This property has N/A bedrooms and 2 bathrooms, with 1,313 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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