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Community Choice Realty
1125 S Lafayette Avenue, Royal Oak, MI 48067 3162
- $390,000
- 3
- BA
- 1,342
- SqFt
- Sold Price
- $390,000
- List Price
- $399,000
- Status
- CLOSED
- MLS#
- 61024296
- Days on Market
- 7
- Year Built
- 1911
- Closing Date
- Sep 22, 2026
- Bathrooms
- 3
- Acres
- 0.13
- Living Area
- 1,342
- Municipality
- Royal Oak
- Region
- Royal Oak
- Township
- Royal Oak
- Subdivision
- Parents
Property Description
This three-unit property in Royal Oak is the perfect opportunity for investors or developers! Located just minutes from downtown and close to Woodward, this property offers convenient access to freeways, shopping, dining, parks, and all the amenities Royal Oak has to offer. The property features three separate units, including a one-bedroom, one-bath unit in the basement and another one-bedroom, one-bath unit on the first floor. The third unit offers a spacious first-floor living area, with two generously sized bedrooms and a full bath upstairs. Recent updates include a newer hot water heater and boiler. With established tenants, a beautiful large lot, and a prime location, this property offers excellent investment potential, including renovating for a bigger ROI and rent opportunities and also perfect for a future development. It could also be purchased in tandem with 1119 S. Lafayette next door, creating an exciting opportunity for a larger development or multiple investments. Don't miss the opportunity to explore all this property has to offer!
Additional Information
- Lot Dimensions
- 89.63 x 62.76
- Heating
- Forced Air
- Basement
- Yes
- Basement Description
- Poured, Finished
- Appliances
- Gas Water Heater
- Foundation
- Basement
- Water
- Public
- School District
- Royal Oak Neighborhood Schools
Mortgage Calculator
Listing Courtesy of Max Broock, REALTORS-Royal Oak, Office Phone: 248-548-9100
Selling Office: LPS.
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.