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About This Home

This 3-bedroom, 2-bathroom residential multi family at 1109 Catalpa Drive in Royal Oak, MI is listed for $375,000 ($286 per sqft). Built in 1949, the home offers 1,313 sqft of living space on a 0.11 acres lot.

Agent Description

Don't miss this excellent investment opportunity! This charming brick duplex is ideally located in Royal Oak on Catalpa, just east of Woodward. The property is fully leased with long-term tenants in place, providing immediate cash flow from day one. The lower unit features two bedrooms and showcases classic charm with hardwood floors, a built-in bo

okcase, cove ceilings, a cheerful retro yellow bathroom, and an updated kitchen with space for a dining table. The upper unit offers a one-bedroom layout with an open-concept kitchen and living area, along with a generously sized bedroom and full bathroom.

Both units share a welcoming foyer entry and have access to the common basement, which includes laundry, 2 water heaters and additional storage. Outside, enjoy a fenced backyard and convenient driveway or street parking in this attractive, tree-lined neighborhood. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. 100% Occupied and generating $2600 per month / $31,200 per year Gross. An interior Matterport virtual tour is also available.

Key Features

  • Built in 1949
  • 0.11 acre lot
  • 2 stories
  • 3 parking spaces

Property Details

2 stories
2 full
3 spaces
1949

Amenities

A/C

Monthly Cost Estimate

$2,006/mo

20% down · 6.5% · 30 years

Principal$271
Interest$1,625
Insurance$109

Estimates only. Actual payments may vary.

Location

1109 Catalpa Drive

Royal Oak, MI 48067

Catalpa Park

Features & Amenities

Interior Features

Laundry FacilityEntrance Foyer

Exterior Features

LightingFenced

Property Details

Construction

Brick

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 3-bedroom, 2-bathroom residential multi family at 1109 Catalpa Drive is listed at $375,000 ($286/sqft). The estimated monthly payment is $1,625 based on 20% down at 6.5% interest.

Key features include: Built in 1949, 0.11 acre lot, 2 stories, 3 parking spaces. Interior Features: Laundry Facility, Entrance Foyer. Exterior Features: Lighting, Fenced.

This property is listed by Eric Oesterle and can be reached at (734) 432-2002 or epo@wowway.com.

EO

Eric Oesterle

Agent at National Realty Centers, Inc

(734) 432-2002

Listed by National Realty Centers, Inc · View on Broker Site

MLS# 20261010336· Source: listhub· Updated 102 days ago

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1109 Catalpa Drive, Royal Oak, MI 48067

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