903 E 3rd Street ERoyal Oak City, MI 48067

Description

LOCATION! LOCATION! LOCATION! Rare opportunity to own a classic Tudor duplex on a prominent corner lot just a 7-minute walk to Downtown Royal Oak's vibrant Main Street district. *** Lower unit is now vacant so it is a perfect opportunity for owner occupant to live in one unit and rent the other which is already occupied by a long term tenant. Surrounded by mature trees and showcasing timeless brick Tudor architecture, this unique property features two spacious units, each offering 2 bedrooms, 1 full bath, a formal dining room, living room, and kitchen. The nearly identical floorplans provide excellent flexibility for investors and future owner-occupants alike. Current month-to-month tenant provide immediate rental income while preserving future flexibility. Property features separate electrical service, separate central air conditioning systems, vinyl windows, a shared basement with dedicated laundry for each unit, and a detached two-car garage. Enjoy the convenience of being just a short walk from Downtown Royal Oak's acclaimed restaurants, shopping, entertainment, nightlife, farmers market, and year-round community events. Duplexes offering this combination of character, location, and long-term upside rarely become available. Whether you're seeking a strong investment opportunity, a future owner-occupancy option, or a premier addition to your real estate portfolio, 903 E. 3rd Street delivers location, charm, and exceptional potential in one of Metro Detroit's most desirable neighborhoods.

Property Information

Property type

Residential Income

Sub-type

Multi Family

Style

Tudor

Year built

1928

Living area

2,754 Sq Ft

Lot size

0.10 acres

Lot dimensions

37X121.18

Days on market

114

MLS^® Listing#

20261045232

Property Features

Cooling

Central Air

Heating

Forced Air · Natural Gas

Basement

Full · Unfinished

Pool

None

Parking

Garage

Laundry

Gas Dryer Hookup · Washer Hookup

Patio

Porch

Fencing

Back Yard · Fenced

Construction

Brick · Vinyl Siding

Foundation

Block

Roof

Asphalt

Other structures

Shed(s)

Community

Sidewalks

Sewer

Public Sewer

Water source

Public

Financial Details

Annual taxes

$6,060

Assessed value

$109,240

Parcel number

2522203014

Directions

S. of 11 Mile and East of Main st.