For Sale

Listed by Brady Williams from Greater Development LLC

Source: Multiple Listing Service MiRealSource #60967259

2129 Normandy Rd, Royal Oak, MI, 48073

$1,070,000

12
3500 sq. ft.
0.29 ac.

MultiFam

30+ days on the market

What's around 2129 Normandy Rd

About this property

The Woodland Apartments is a fully stabilized, 6-unit apartment building located in the desirable community of Royal Oak, Michigan. The property features 6 units. Of the 6 units 5 of them are one bed one bath, and 1 is two bed one bath. The property has 6 off street dedicated parking spaces for tenants. The property is 100% occupied, generating a gross monthly income of over $7,500. Over the last few years, the Kent 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 Woodland Apartments offers a rare combination of stability and upside potential in a prime location.

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