513 E FARNUM Avenue, Royal Oak, MI 48067

$625,000 Asking Price

4 beds
3 baths
1,888  sqft
Built in 1925

Welcome to one of the more unique properties in Royal Oak. 2 houses on 1 parcel. Live in the main home while renting or Airbnb your back house. Main house is a 4 bed 2.5 bath Colonial with a big front porch. The 2nd home in the back is a small 1 bed 1 bath home that's currently tenant occupied. Perfect location for an investor looking to add to their portfolio or any owner occupancy looking to house hack.

Features & Amenities

Interior

Basement:
Unfinished
Heating:
Forced air, Natural gas

Exterior

Style:
Other
Pool:
None
Parking:
No garage

Construction

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 15 ASSESSOR'S PLAT NO 2 LOT 122, 2515332027

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.

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