714 E 12 Mile Road, Royal Oak, MI 48073 4229
- $275,000
- 3
- BD
- 2
- BA
- 1,700
- SqFt
- Sold Price
- $275,000
- List Price
- $274,999
- Status
- CLOSED
- MLS#
- 60947202
- Days on Market
- 47
- Style
- Bungalow
- Year Built
- 1946
- Closing Date
- Dec 31, 2025
- Bedrooms
- 3
- Bathrooms
- 2
- Acres
- 0.10
- Living Area
- 1,700
- Municipality
- Royal Oak
- Region
- Royal Oak
- Township
- Royal Oak
- Subdivision
- Royal Oak Manor
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.
Additional Information
- Lot Dimensions
- 40 x 110
- Heating
- Natural Gas, Forced Air
- Basement
- Yes
- Basement Description
- Finished
- Foundation
- Basement
- Water
- Other-See Remarks
- Garage Spaces
- 2
- School District
- Royal Oak Neighborhood Schools
Mortgage Calculator
Listing Courtesy of LPT Realty, LLC, Office Phone: 877-366-2213
Selling Office: KW Professionals.
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.