Royal Oak, MI 48073,714 E 12 Mile Road
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Royal Oak, MI 48073,714 E 12 Mile Road
Royal Oak, MI 48073,714 E 12 Mile Road
Royal Oak, MI 48073,714 E 12 Mile Road
Royal Oak, MI 48073,714 E 12 Mile Road
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$ 274,999
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714 E 12 Mile Road Royal Oak, MI 48073

3 Beds

2 Baths

1,200 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $229

Municipality Royal Oak City

Subdivision Royal Oak City

MLS Listing ID 20251047788

Bedrooms 3

Full Baths 2

Year Built 1946

Annual Tax Amount $4,474

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 40X110

Property Sub-Type Single Family Residence

Source Realcomp

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 Oakland County - 70

Direction East of Rochester Road, south side of 12 Mile Road.

Interior

Interior Features Basement Finished

Heating Forced Air

Exterior

Parking Features Detached

Garage Spaces 2.5

View Y/N No

Roof Type Asphalt

Garage Yes

Building

Story 2

Sewer Public

Structure Type Vinyl Siding

Schools

School District City Of Royal Oak

Others

Tax ID 2515126020

Acceptable Financing Cash, FHA, Land Contract, VA Loan

Listing Terms Cash, FHA, Land Contract, VA Loan


Listed by LPT Realty, LLC

GET MORE INFORMATION

Karen Austin
Karen Austin

Broker Associate

+1(517) 290-4493 | karenaustin4@gmail.com

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714 E 12 Mile Road