417 W Lincoln, Royal Oak, MI 48067
Local realty services provided by:CENTURY 21 Signature Realty
Listed by: tonya newberry
Office: max broock, realtors(r)-birmingham
MLS#:60995243
Source:MI_REALSOURCE
Price summary
- Price:$580,000
About this home
Exceptional investment opportunity in the heart of Royal Oak featuring a beautifully renovated triplex on an oversized professionally landscaped lot just a short walk to vibrant downtown dining, shopping, entertainment, and nightlife. This versatile property offers strong rental income potential with Unit 1 occupying the entire first floor featuring 2 bedrooms, 1 full bath, hardwood floors, and a charming sunroom currently renting for $1,800/month. Unit 2 offers 1 bedroom, 1 bath, a sunroom, hardwood flooring and rents for $1,400/month. Unit 3 includes 1 bedroom, 1 bath, a private back deck, updated finishes throughout, and rents for $1,300/month. All units feature updated bathrooms, mainly hardwood flooring, granite countertops, and stainless-steel appliances with dishwashers, while all utilities are included in the rent for added tenant convenience. The basement provides abundant storage space along with shared community washer and dryer for all three units. Tenants enjoy both a private parking lot and additional street parking. Located near downtown Royal Oak, this property is close to popular restaurants, boutiques, coffee shops, entertainment venues, parks, and nearby Oakland Community College with easy access to major expressways and surrounding communities including Birmingham and Ferndale. Whether you are looking to expand your investment portfolio, owner occupy, redevelop, convert to additional units, or take advantage of the separate vacant land listing for future building potential, this is a rare opportunity in one of Metro Detroit's most desirable locations....
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Home facts
- Year built:1904
- Subdivision & Development:A DONDERO'S SUB
- Listing ID #:60995243
- Added:112 day(s) ago
- Updated:September 11, 2026 at 10:58 AM
Rooms and interior
- Full bathrooms:3
- Basement Description:Block, Common
Heating and cooling
- Cooling:Ceiling Fan(s), Window Unit(s)
- Heating:Forced Air
Structure and exterior
- Year built:1904
- Lot area:0.18 Acres
- Exterior Features:Deck, Porch
- Foundation Description:Basement, Block
- Levels:2 Story
Utilities
- Water:Public Water
Finances and disclosures
- Price:$580,000
- Tax amount:$12,218
Features and amenities
- Amenities:DSL Available
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