3915 Devon, Royal Oak, Michigan 48073
$2,600,000
Property Details
- MLS#: 20261006674
- Bedrooms: N/A
- Bathrooms: 21
- Square Feet: 9,800
- Price per Sqft: $265
- Lot Size: N/A
- Year Built: 1953
- Property Type: ResidentialIncome
- Status: Active
- Days on Market: 22
Description
Devon Street Apartments is a fully stabilized, 14-unit apartment building located in the desirable community of Royal Oak, Michigan. The property features 14 units. Of the 14 units 10 of them are one bed one bath (3 of those are Loft), 3 two bed one bath, and 1 three bed one bath. The property has 28 off street dedicated parking spaces for tenants. The property is 100% occupied, generating a gross monthly income of over $17,900. Over the last few years, the Devon Street Apartments have undergone an extensive transformation, with every unit receiving upgraded kitchens, bathrooms, flooring, and modern fixtures. These high-end renovations allow the property to command premium rents in the Royal Oak market while ensuring low operational costs and minimal deferred maintenance for ownership. With its strong occupancy, renovated units, and close proximity to Royal Oak and Birmingham, The Devon Street Apartments offers a rare combination of stability and upside potential in a prime location
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 3915 Devon?
3915 Devon is listed at $2,600,000, or $265 per square foot.
How many bedrooms does 3915 Devon have?
This property has N/A bedrooms and 21 bathrooms, with 9,800 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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