1119 S LAFAYETTE Avenue, Royal Oak, MI 48067

$450,000 Asking Price

4 beds

3 baths

1,350 sqft

Built in 1918

Attention investors and developers, this single family home in Downtown Royal Oak can be combined with neighboring multi-family buildings 1125 S. Lafayette and 338 W. Parent and developed into a larger multi story apartment/condo project. This home is a great opportunity for an investor looking for their next house in Royal Oak to add to their portfolio.

Listing Status:: Active
Date Added:: September 25, 2024 — 89 days ago
Listing Office:: Good Company, Jim Shaffer (614-831-1720)
Office Phone:: 248-733-5811
MLS ID:: 20240070638

Features & Amenities

Interior

Basement:: Unfinished
Heating:: Forced air, Natural gas

Exterior

Style:: Townhouse
Pool:: None
Parking:: No garage

Construction

Roofing:: Asphalt
General:: Aluminum siding, Vinyl siding, Two, Basement, Poured

Location

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

Lot

Zoning:: T1N, R11E, SEC 21 PARENT'S SUB THAT PART OF LOT 10 LYING N OF FOL DESC LINE BEG ON W LOT LINE 55.9 FT S OF NW COR TH ELY TO PT ON E LOT LINE 63.8 FT S OF NE COR, 2521432006

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

Interested in this home?

Request more information:

1119 S LAFAYETTE Avenue, Royal Oak, MI 48067

$450,000 Asking Price