MI > Oakland > Royal Oak > 617 E Hudson Avenue

For Sale Pending

617 E Hudson Avenue Map / directions

Royal Oak, MI Learn More About Royal Oak

48067 Market info

$1,199,000

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  • 8 Units
  • 4,852 SqFt
  • MLS# 20240069222
Portrait of Pat Lotz
Listed by Pat Lotz

734-637-3668

Brighton

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

248-208-3883

By proceeding, you consent to receive calls, emails, and texts from Real Estate One and others about your inquiry and other home-related matters, but not as a condition of any purchase. To opt-out, you can reply 'stop' to texts or click the unsubscribe link in the emails. Msg/data rates may apply. View Privacy Policy.
Incredible Investment Opportunity just minutes from Downtown Royal Oak! This 8 Unit multifamily has over $100K in capital improvements in 2024 including New Windows, Vertical Steel Siding/Soffits/Fascia/Gutters, New Sign, Exterior Painting, Laundry Facilities and complete renovation of Unit 1. There is great upside potential to increase rent after renovations: Unit 1 (2Bed/1Bath) was previously renting at $1025/mo and post renovation is now at $1700/mo. The 1Bed/Bath units once renovated should go for upward of $1300/mo. There is additional tremendous opportunity for rental income growth to convert units to Short Term Rentals as shown through AirDNA on the 1Bed/1Bath Units. This property is ideally located in Royal Oak; Situated adjacent to a brand new park and with excellent proximity to Beaumont Hospital, The Detroit Zoo, Royal Oak Music Theater, Major Freeways, Downtown Detroit and DTW. Royal Oak is housed in Oakland County which is the wealthiest county in all of Michigan and the second largest, which drives the demand for housing and short term rentals, alike! Reach out to Chris for additional investment/financial/area information!

Property Information

Status
Pending 
Address
617 E Hudson Avenue 
City
Royal Oak 
Zip
48067 
Year Built
1956 
Style
Other 
Possession
At Close 
Architecture
1 Story 
Listing Date
09/16/2024 
Subdivision
Assr'S Plat No 22 - Royal Oak 
County
Oakland 
Above Grade SqFt
4,852 
Total No of Units
8 

School Information

School District
Royal Oak 

Taxes

Summer Taxes
$13,732 
Winter Taxes
$1,845 

Rooms and Land

Lot Dimensions
66.00 x 292.00 
Total Acres
0.45 

Features

Style
Other 
Exterior Features
Fenced 
Cooling
Window Unit(s) 
Heating
Baseboard, Hot Water, Natural Gas 

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  • Market Statistics
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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
20240069222 Pending Active Nov 1 2024 3:36PM 46
20240069222 Active Sep 16 2024 12:36PM $1,199,000 46
School Information
Local Business

Learn More About This Listing

Portrait of Pat Lotz
Listed by Pat Lotz

734-637-3668

Brighton

Contact Customer Care

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

248-208-3883

By proceeding, you consent to receive calls, emails, and texts from Real Estate One and others about your inquiry and other home-related matters, but not as a condition of any purchase. To opt-out, you can reply 'stop' to texts or click the unsubscribe link in the emails. Msg/data rates may apply. View Privacy Policy.

Listing Broker

Real Estate One logo

Listing Courtesy of Real Estate One
Office Address 565 E. Grand River Ave.

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Our Michigan real estate agents can answer all of your questions about 617 E Hudson Avenue, Royal Oak MI 48067. Real Estate One, Max Broock Realtors, and J&J Realtors are part of the Real Estate One Family of Companies and dominate the Royal Oak, Michigan real estate market. To sell or buy a home in Royal Oak, Michigan, contact our real estate agents as we know the Royal Oak, Michigan real estate market better than anyone with over 100 years of experience in Royal Oak, Michigan real estate for sale.

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617 E Hudson Avenue Royal Oak
Contact us
$1,199,000
For Sale • No. of Units: 8