Map
Listed price in listed location currency (USD).
$1,400,000

088

MLS® 20261039854

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 4091 sqft
Garage 
Taxes $19,042
Days Active 1
Lot Size 
Approx. Age 2023
Avg. Price Per Sqft $342
MLS® Number 20261039854

Property Address: 105 N Laurel St, Royal Oak, MI, 48067-2699

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number20261039854
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2023
Basement
DrivewayAssigned, Parking Lot, Paved
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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