Price Reduction
307 Park Royal Oak, MI
$ 795,000
Property Attributes
  • ID#2210098808
  • TypeMulti-Family
  • CountyOAKLAND
  • CityRoyal Oak
  • AreaRoyal Oak
  • NeighborhoodWILLSON PARK SUB
  • Zip48067
  • StyleLoft,Triplex
  • Year Built1916
  • Taxes$ 4213
  • Price$ 795,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage2450
  • Lot Size3,485 SqFt
Listing Provided Courtesy Of:
Signature Sotheby's International Realty GPF
Data Source:
Property Description

Historic 307 Park in Downtown Royal Oak available now. This three unit building includes a completely updated storefront and two 2-bedroom apartments. (301 Park, 307 Park, 435 N Washington) Updated inside and out with plenty of parking. Prime opportunity for Airbnb, Rental Income, Work/Live. Call today to schedule a tour!

Price History
12/1/2021 Listed $799,000
1/18/2022 1% - $795,000

General Features

Basement Type Common
Construction Materials Aluminum
Cooling Central Air
Cumulative Days on Market 84
Down Payment Resource Yes
Gross Scheduled Income 66000.00
Heating Forced Air
Listing Agent Public Id 411088
Net Operating Income 61000.00
Ownership Status Private Owned, Short Sale - No
Parcel Number 2516477023
Property Type Multifamily
School District Royal Oak
Sewer Sewer-Sanitary
Short Sale No
Status Active
Subdivision Name WILLSON PARK SUB
Terms Offered Cash, Conventional
Total Sq Ft 2450
Transaction Type Sale
Year Built 1916
Year Remodeled 2018
Zoning Multi-Family

Interior Features

Basement Y/N Yes
Full Baths 2
Half Baths 1
Heating Fuel Natural Gas
Total Baths 2.10
Total Units 3
Unit Count 3

Exterior Features

Architecture Level 2 Story
Architecture Style Loft, Triplex
Foundation Basement
Foundation Materials Block
Lot Size Area 0.08
Lot Size Dimensions 30.00X110.00
Roof Material Asphalt
Water Source Municipal Water


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

IDX provided courtesy of Realcomp II Ltd., via The Gammo Team Brokered By EXP Realty and The Originating MLS(found above), © 2022 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of January 21, 2022 1:39 AM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Multi-Family Average in 48067

AVG $550K
AVG $4,710
AVG 66
Year Built
AVG 1927