3420 Fairmont Rd, Royal Oak, MI 48073

$400,000 Asking Price

2 beds
2 baths
1,300  sqft
Built in 1927

Rare opportunity in North Royal Oak! Rebuild or renovate current home in this booming multi-family, residential zoned district! Over 9500 square foot lot (almost quarter acre), lot allows for a single or multi-family home. Close proximity to Beaumont Hospital, new developments & Woodward corridor. Surrounded by apartments and other multi-family buildings, and steps away from single family residential. Huge piece of property to work with with a nicely sized 2 car garage. Great location near parks, shopping and dining. Don’t miss out on this sought after area, schedule your tour with your agent before it's gone!


Features & Amenities

Interior

Heating:
Natural Gas, Forced Air

Exterior

General:
Aluminum,Vinyl Siding
Style:
Other

Construction

General:
1 1/2 Story, Crawl

Location

Road/Access:
Paved Street
Originating MLS:
RealComp
School District:
Royal Oak Neighborhood Schools
County:
Oakland

Lot

Zoning:
T1N, R11E, SEC 6 OAKFIELD GARDENS RE-PLAT LOTS 9 & 10, 2506378039

Utilities

Water:
Public Water
Sewer:
Public Sanitary

Financial

Source:
RealComp

This listing courtesy of:
Keller Williams Somerset, James T Silver

About Royal Oak, MI

Housing

Number of Units
30,868
Median Home Value
$247,736
Median Rent
$1,045

34.24% of housing units are renter occupied.

6.03% are vacant.

Commute

Car
64.18%
Public Transportation
0.15%
Walk to Work
1.27%
Work from Home
34.11%
Other
0.14%

The median travel time to work is 18 minutes.

People

Population
57,250
Median Age
37.10
Median Household Size
2.28

Education

High School
13.95%
Associate’s Degree
6.68%
Bachelor’s Degree
37.53%
Graduate Degree
23.22%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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