Do Real Estate on the Go!
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Do Real Estate on the Go!
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$4,075,000
-- Bed
- 28 Baths
28 full baths
19,039sqft
3415 Fairmont Rd, Royal Oak, MI 48073 6408
$4,075,000
Multi Family
Built in 1961
$-- HOA
1.05 acres lot
$214/sq.ft
Description
Altitude Fairmont is a stabilized 28 unit, apartment building located in Royal Oak, Michigan. There are 26 one bedroom one bath units that are 550 square feet, and 2 two bedroom 1 bath units that are 750 square feet. There are 28 parking spaces for the apartment building. The property is 93% occupied (two vacancies) grossing over $36,000 per month. The property has gone through a partial renovation over the past 2 years. The parking lot was replaced 2 years ago with a 2 inch overlay, so it is in great shape. 19 of the 28 units have gone through extensive interior renovations including new flooring, cabinets, countertops, bathrooms, paint, and fixtures. 7 of the units have...
Continue ReadingProperty Details
Status
Closed
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1961
HOA Fees
-
Finished Area
19,039 sqft
Lot Size
1.05 acres lot
Basement Area
- sqft
MLS Name
MiRealSource MLS
MLS Number
60334886
MLS Status
Closed
Days on Market
-
