105 N Laurel ST, Royal Oak, MI 48067
105 N Laurel ST, Royal Oak, MI 48067
105 N Laurel ST, Royal Oak, MI 48067
105 N Laurel ST, Royal Oak, MI 48067
105 N Laurel ST, Royal Oak, MI 48067
105 N Laurel ST, Royal Oak, MI 48067
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$ 1,400,000

8 Baths

4,091 SqFt


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$ 1,400,000
Save

8 Baths

4,091 SqFt

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Rent

Square Footage 4,091 sqft

Subdivision Edgewood Park-Royal Oak

MLS Listing ID 20261039854

Style Quadruplex,UpperLowerApartment

Full Baths 4

Half Baths 4

Year Built 2023

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type MultiFamily

Property 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.

Location

State MI

County Oakland

Area Area02251Royaloak

Interior

Heating Forced Air, Natural Gas

Cooling Ceiling Fans, Central Air

Fireplace No

Laundry InUnit

Exterior

Exterior Feature Balcony, Lighting, PrivateEntrance

Parking Features Assigned, ParkingLot, Paved

Pool None

View Y/N No

Garage false

Building

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Royal Oak

Others

Senior Community false

Acceptable Financing Cash, Conventional, Trade1031Exchange

Listing Terms Cash, Conventional, Trade1031Exchange

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Yes

Realcomp MLS
Listed by Austin Bateman of Max Broock, REALTORS-Royal Oak

Nearby Locations

Nick Sage

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(248) 240-4901

nicksage74@gmail.com

8195 S Saginaw St, Grand Blanc, MI, 48439-1885, USA

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105 N Laurel ST