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3915 Devon Road

Royal Oak MI 48073

28
9800 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Devon Street Apartments is a fully stabilized, 14-unit apartment building located in the desirable community of Royal Oak, Michigan. The property features 14 units. Of the 14 units 10 of them are one bed one bath (3 of those are Loft), 3 two bed one bath, and 1 three bed one bath. The property has 28 off street dedicated parking spaces for tenants. The property is 100% occupied, generating a gross monthly income of over $17,900. Over the last few years, the Devon Street Apartments have undergone an extensive transformation, with every unit receiving upgraded kitchens, bathrooms, flooring, and modern fixtures. These high-end renovations allow the property to command premium rents in the Royal Oak market while ensuring low operational costs and minimal deferred maintenance for ownership. With its strong occupancy, renovated units, and close proximity to Royal Oak and Birmingham, The Devon Street Apartments offers a rare combination of stability and upside potential in a prime location

Features

28 bathrooms
9800 sq. ft. floor area
Multi-Family

Property history for 3915 Devon Road

2014
Rented
Undisclosed
13 Oct 2014 by Century 21 Town & Country-Troy

Happy sellers in Royal Oak

94%
94% of sellers in Royal Oak reported that their sale price either exceeded or met their price expectations.

Royal Oak stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Royal Oak over the last 12 months.

Local market activity for multi families in Royal Oak

In the last 12 months, 4 multi families similar to 3915 Devon Road, have been sold.

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