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$1,400,000
New Listing

105 N Laurel Street
Royal Oak City, MI 48067

For Sale|Multi Family|Active
8
Beds
8
Total Baths
4
Full Baths
4
Partial Baths
4,091
SqFt
$342
/SqFt
2023
Built
Subdivision:
EDGEWOOD PARK-ROYAL OAK
County:
Oakland

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1-248-228-6711
105 N Laurel Street105 N Laurel Street105 N Laurel Street105 N Laurel Street
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Brand New - Low Maintenance - Fully Leased - Income Generating Multi-Family - Downtown Royal Oak. 105 N Laurel was built in 2024 with sound-proofing insulation to reduce road noise to almost zero. This has been a huge selling point for the tenants along with in-unit laundry, free parking, outdoor space, and proximity to downtown restaurants, bars, shopping, and hospitals. Each unit has identical finishes with white cabinetry, granite countertops, stainless steel appliances, outdoor space (patio or balcony depending on the unit), and storage space (room or walk-in closet depending on the unit). There are four units, each about 1,000 sqft with two bedrooms, one full bathroom, one half bathroom, in-unit laundry, separately metered electricity and gas, furnace, water heater, central air, and two assigned parking spaces. The building includes a parking lot in the back with eight parking spaces. Each unit comes with a refrigerator, electric range, dishwasher, microwave, washer, and dryer. All tenants are current on rent. Three units are leased into 2027 and one to the end of this year. Showings are only available upon accepted offer. Unit B is showed in the listing photos. Additional photos and information are available upon request.

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Listing Snapshot
Price 
$1,400,000
Days On Site 
0 Days
Bedrooms 
8
Inside Area (SqFt) 
4,091 sqft
Total Baths 
8
Full Baths 
4
Partial Baths 
4
Lot Size 
0.11 Acres
Year Built 
2023
MLS® Number 
20261039854
Status 
Active
Property Tax 
$19,042
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
4 hours agoListing first seen on site
4 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.11
Cross Street 
11 Mile and Washington
Disclosures 
Actual Income, Annual Property Operating Data Available, Legal Rental Certified, Taxes Not Homestead Exempt
Foundation 
Slab
Levels 
Two
Parking 
AssignedParking LotPaved
Parking Spaces 
8
Pets 
Yes
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
4091
Style 
QuadruplexUpperLowerApartment
Water Source 
Public
Zoning 
MultiFamily
Interior Features
Appliances 
Gas Water Heater
Cooling 
Ceiling Fan(s)Central Air
Heating 
Forced AirNatural Gas
Laundry Features 
In Unit
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Exterior Features
Construction Details 
BrickOther
Exterior 
BalconyLightingPrivate Entrance
Patio And Porch 
CoveredPatio
Pool Features 
None
Community Features
Financing Terms Available 
CashConventional1031 ExchangeTrade
MLS Area 
Area02251RoyalOak
Roads 
Paved
School District 
RoyalOak
Schools
School District
RoyalOak
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Max Broock, REALTORS-Royal Oak: [email protected]



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Neighborhood & Commute
Source: Walkscore
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