501 W FARNUM Avenue, Royal Oak, MI 48067

$425,000 Asking Price

3 beds
2 baths
986  sqft
Built in 1920

Amazing house walking distance to downtown Royal Oak. This 4 bed 2 bath bungalow is currently used as an investment property. This home is a great opportunity for an owner occupant looking for their next house in Royal Oak or for an investor looking to add to their portfolio.

Features & Amenities

Interior

Basement:
Unfinished
Heating:
Forced air, Natural gas

Exterior

Style:
Ranch
Pool:
None
Parking:
No garage

Construction

Roofing:
Asphalt
General:
Brick, One, Basement, Brick mortar

Location

Road/Access:
Paved
Originating MLS:
Realcomp II Ltd
School District:
Royal oak
County:
Oakland

Lot

Zoning:
T1N, R11E, SEC 16 EDGEWOOD PARK SUB E 10 FT OF LOT 22 & ALL OF LOT 23, 2516453007

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
Realcomp II Ltd

This listing courtesy of:
Good Company, Jim Shaffer

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.

Similar Homes

Message

Interested in this home?

Request more information: