219 12 Mile Road, Royal Oak, Michigan 48073

$499,900

Property Details

MLS#: 20261056965
Bedrooms: N/A
Bathrooms: 4.5
Square Feet: 1,950
Price per Sqft: $256
Lot Size: 0.16 acres
Year Built: 1957
Property Type: ResidentialIncome
Status: Active
Days on Market: 3

Description

Investment Opportunity – Fully Leased Ranch-Style Triplex in Prime Royal Oak Location...Excellent opportunity to own a well-maintained, income-producing three-unit ranch-style triplex in the heart of Royal Oak. This property is fully occupied with stable tenants and generates $3,900 per month in rental income, offering immediate cash flow with upside potential through future rent increases...The property features two beautifully updated units with central air conditioning, in-unit washer and dryer, dishwashers, and newer furnaces, providing modern conveniences that attract and retain quality tenants. The third unit offers a functional layout with a dishwasher and newer water heater. Ranch-style living is highly desirable, with all units offering single-level convenience and low-maintenance living. Current rental breakdown: Unit A: $900/month (lease through April 2027) Unit B: $1,500/month (lease through October 2026) Unit C: $1,500/month (lease through July 2027) Located just minutes from downtown Royal Oak, shopping, restaurants, parks, and major freeways, this property combines a strong location with reliable income. Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this turnkey triplex is an outstanding opportunity in one of Metro Detroit's most desirable rental markets. Start generating income from day one.

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 219 12 Mile Road?

219 12 Mile Road is listed at $499,900, or $256 per square foot.

How many bedrooms does 219 12 Mile Road have?

This property has N/A bedrooms and 4.5 bathrooms, with 1,950 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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