4401 Crooks Rd

Royal Oak MI 48073

4250 sq. ft.

0.42 ac.

Multi-Family

Currently for sale - view listing

Overview

Crooks Street Apartments is a fully stabilized, 8-unit apartment building located in the desirable community of Royal Oak, Michigan. The property features 8 units. Of the 8 units 7 of them are one bed one bath, and 1 is two bed one bath. The property has 8 off street dedicated parking spaces for tenants. The property is 100% occupied, generating a gross monthly income of over $10,600. Over the last few years, the Crooks 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 Crooks Street Apartments offers a rare combination of stability and upside potential in a prime location