This well-maintained three-unit multifamily property is a fantastic opportunity for investors or owner-occupants alike. Two of the units have been thoughtfully updated, offering modern conveniences and a fresh aesthetic that tenants will love. The property boasts a brand-new roof, ensuring long-term peace of mind and lower maintenance costs. Ideally located close to downtown Royal Oak, with its vibrant dining, shopping, and entertainment scene, this property combines convenience with investment potential. Don�t miss out on this great opportunity in a highly desirable area!
A rare find side by side Ranch style duplex in desirable Madison Heights! The 3 bedroom unit is occupied with a long term tenant and the 2 bedroom is vacant for new owner to fill or occupy. When leased both units have income of 2595.00 per month! 1st unit is an updated 3 bedroom ranch with all appliances including washer dryer in the storage area. Open floor plan with vinyl laminate flooring. Other unit is a 2 bedroom with appliances and washer dryer included also very open floor plan. Each rear yard is separated for privacy. Tenants cover all utilities. Brand new roof installed 9/2024!
Madison Heights is located in Michigan. Madison Heights, Michigan has a population of 28,719. Madison Heights is less family-centric than the surrounding county with 24.18% of the households containing married families with children. The county average for households married with children is 32.55%.
The median household income in Madison Heights, Michigan is $58,537. The median household income for the surrounding county is $86,275 compared to the national median of $69,021. The median age of people living in Madison Heights is 41 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 19 degrees. The average rainfall is approximately 33.3 inches per year, with 30.5 inches of snow per year.
