714 E 12 Mile

Royal Oak, MI 48073
  • $274,999

    Price
  • 3

    Bed
  • 2

    Bath
  • 1,200

    SqFt

About the Listing 110667 - 624250

Land contract available with $18,000 down, 10-year term, and $2,400 monthly payment including taxes and insurance. The basement offers proven income potential and is already configured for short-term rental use, with local Airbnb rates averaging approximately $60 per night per AirDNA data. This fully updated 1946 bungalow is located just five minutes from Royal Oak's Main Street and blends classic charm with modern convenience, featuring three bedrooms, two full bathrooms, refinished hardwood floors, and spacious living and dining areas with original architectural character. The updated kitchen provides ample counter space and storage, while the main-floor bedroom and full bath are complemented by two additional bedrooms upstairs, making the layout ideal for multigenerational living or roommate arrangements. The finished basement includes a second full bathroom, wet bar, and separate laundry area, creating flexibility for guests, tenants, or additional living space. A new roof was installed in 2022, and the unique split-level design includes two laundry setups, one on the main level and one in the basement. Additional features include a fenced backyard, covered front porch, updated mechanicals and electrical, and driveway parking for multiple vehicles, with quick access to I-75, parks, shopping, dining, and entertainment, offering a rare move-in-ready opportunity with income potential in a high-demand location.

Listing Highlights

Status Active
Days on Site 57
Property Type Residential
MLS ® 60947202
Year Built 1946
Total Square Footage 1,200
Lot/Acreage 0.1

Interior Details

  • Bedrooms: 3
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas,Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 1200
  • Below Ground Sq Ft: 500
  • Basement: Finished
  • Other:
  • Water: Other-See Remarks

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 40X110
  • Roof:
  • Others:
  • Sewer:
  • Parking Features: Detached Garage,Electric in Garage

Financial Details

  • Tax Amount: $4,474
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

Payment Calculator

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Questions About..

714 E 12 Mile Royal Oak, MI 48073

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Originating MLS: RealComp

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