Royal Oak, MI 48073 4229,714 E 12 Mile Road
Royal Oak, MI 48073 4229,714 E 12 Mile Road
Royal Oak, MI 48073 4229,714 E 12 Mile Road
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$274,999
Est. payment /mo
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3 Beds
2 Baths
1,200 SqFt
Active

714 E 12 Mile Road Royal Oak, MI 48073 4229

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Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $229

Subdivision Royal Oak Manor

MLS Listing ID 60947202

Style 1 1/2 Story

Bedrooms 3

Full Baths 2

Abv Grd Liv Area 1,200

Year Built 1946

Annual Tax Amount $4,474

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 40X110

Property Sub-Type Single Family

Property Description

Land contract available with $18,000 down, 10-year term, and $2,400 monthly payment including taxes and insurance. The basement offers proven income potential and is already configured for short-term rental use, with local Airbnb rates averaging approximately $60 per night per AirDNA data. This fully updated 1946 bungalow is located just five minutes from Royal Oak's Main Street and blends classic charm with modern convenience, featuring three bedrooms, two full bathrooms, refinished hardwood floors, and spacious living and dining areas with original architectural character. The updated kitchen provides ample counter space and storage, while the main-floor bedroom and full bath are complemented by two additional bedrooms upstairs, making the layout ideal for multigenerational living or roommate arrangements. The finished basement includes a second full bathroom, wet bar, and separate laundry area, creating flexibility for guests, tenants, or additional living space. A new roof was installed in 2022, and the unique split-level design includes two laundry setups, one on the main level and one in the basement. Additional features include a fenced backyard, covered front porch, updated mechanicals and electrical, and driveway parking for multiple vehicles, with quick access to I-75, parks, shopping, dining, and entertainment, offering a rare move-in-ready opportunity with income potential in a high-demand location.

Location

State MI

County Oakland

Area Royal Oak (63251)

Rooms

Basement Finished

Interior

Heating Forced Air

Exterior

Parking Features Detached Garage, Electric in Garage

Garage Spaces 2.5

Garage Yes

Building

Story 1 1/2 Story

Foundation Basement

Water Other-See Remarks

Architectural Style Bungalow

Structure Type Vinyl Siding

Schools

School District Royal Oak Neighborhood Schools

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,FHA,VA


MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by LPT Realty, LLC

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Julian Parson

Julian Parson

Agent | License ID: 6501455048

+1(517) 928-6630

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714 E 12 Mile Road