MI > Oakland > Royal Oak > 316 Mary Ave
  • 5 Units
  • 4,547 SqFt
  • MLS# 2200056483
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Portrait of Usman Khan
Listed by Usman Khan

734-709-5436

Plymouth

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

Excellent opportunity on this 5-unit brick apartment building located in Royal Oak near the corner of 12 Mile and Main St. Minutes to downtown Royal Oak & Beaumont Hospital. Three 1-bedroom, One 2-bedroom and One 3-bedroom Units. 7% CAP RATE. Fully Occupied. Turn key. 8 Parking Spots. New construction/remodel in 2019. Each unit offers spacious living area, New stony oak floor, dove grey kitchen cabinets, new Samsung Stoves in each unit, New Central Air, with built in dehumidifier & fresh air ventilators. Separate Electric Meters for each apartment. Coin Operated Commercial laundry units Included. On Site Parking. Do not disturb tenants. Tenant Pays: Elec & water. P&L docs available upon request

Property Information

Status
Contingency [?]
Address
316 Mary Ave 
City
Royal Oak 
Zip
48073 
Year Built
1957 
Style
Ranch 
Possession
At Close 
Architecture
2 Story 
Listing Date
07/20/2020 
Subdivision
Sunnybrook Sub 
County
Oakland 
Above Grade SqFt
4,547 
Total No of Units

School Information

School District
Royal Oak 

Taxes

Summer Taxes
$5,709 
Winter Taxes
$1,078 

Rooms and Land

Lot Dimensions
82.00X105.00 
Total Acres
0.2 

Features

Style
Ranch 
Exterior Features
Awning/Overhang(s), Outside Lighting 
Cooling
ENERGY STAR® Qualified A/C Equipment 
Heating
ENERGY STAR® Qualified Furnace Equipment, Electric 

Listing Video for 316 Mary Ave, Royal Oak MI 48073

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Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
2200056483 Contingency Pending Aug 31 2020 9:06AM 45
2200056483 Pending Active Aug 26 2020 1:27PM 45
2200056483 Aug 15 2020 9:37AM $978,000 $979,000 45
2200056483 Active Jul 20 2020 10:57AM $979,000 45
School Information
Local Business

Learn More About This Listing

Portrait of Usman Khan
Listed by Usman Khan

734-709-5436

Plymouth

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

Listing Broker

Real Estate One logo

Listing Courtesy of Real Estate One
Office Address 217 W. Ann Arbor Rd. Ste. 102

Real Estate One Family of Companies

316 Mary Ave Royal Oak
Contact us
$978,000
For Sale • No. of Units: 5