Pending

4312 W 13 Mile Road

Royal Oak MI, 48073 6510

$3,667,700


$170.59 per sqft

Pending

48 Baths

21,500 sqft

Residential

Built in 1963

Welcome to Altitude West, an exceptional multifamily community comprising 24 units, strategically positioned adjacent to the prestigious Beaumont Royal Oak hospital. This thriving property, currently enjoying stable cash flow, presents an exciting opportunity for investors seeking to maximize value through strategic renovations and elevate the living experience for residents. Altitude West presents an exciting investment opportunity with a proven track record of successful renovations and increased rental income. The fact that the property has already undergone renovations, resulting in higher rental rates, establishes a positive precedent for future improvements. The presence of an effective property management team at Altitude West ensures a seamless transition for owners and contributes to the overall success of the investment. In summary, Altitude West offers a unique blend of stability, strategic location, and renovation potential, making it an ideal choice for investors seeking long-term appreciation and value growth in the dynamic real estate market of Royal Oak.

60279523

MLS ID

December 26, 2023

Listed

October 2, 2024

Updated

Map

4312 W 13 Mile Road
Royal Oak MI, 48073 6510

Interior Features

Total Stories

2


Total Bathrooms

48


Full Bathrooms

24


Half Bathrooms

24


Laundry Description

Common Area


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Baseboard, Hot Water

Exterior/Building Features

Lot Size

0.94 Acres


Sewer

Public Sanitary

School Information

School District

Royal Oak Neighborhood Schools

Other Property Details

Area Name

Royal Oak (63251)


Taxes

$60,384


Tax Frequency

Annually


Days on Market

69


Garage

No


View

No


County

Oakland


Water Source

Public


Pool

No

Listing History

Date

Event

Price

3/7/2024

Pending

Listed by Brady Williams with Greater Development LLC
Listing Contact: 360-989-5395 

Based on information originating from the MiRealSource as of 10/2/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Data last updated on 10/2/2024 at 5:13 AM UTC

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