31
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$444,900
Est. payment /mo
3 Baths
850 SqFt
Active
1641-1643 Fairview Avenue Royal Oak, MI 48073 3235
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 850 sqft
Price per Sqft $523
Subdivision Mi
MLS Listing ID 61002990
Style 1 Story
Full Baths 3
Year Built 1960
Annual Tax Amount $10,249
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 90.1X110
Property Sub-Type Multi-Family
Property Description
Rare opportunity to acquire a fully occupied side-by-side duplex in one of Metro Detroit's most desirable rental markets. Located at 1641-1643 Fairview Ave in Royal Oak, this income-producing property offers immediate cash flow with separate meters and separate mechanical systems for each unit. Unit 1641 features 2 bedrooms, 1 full bath, and approximately 850 sq ft, while Unit 1643 offers 2 bedrooms, 2 full baths, and approximately 950 sq ft. Both units include finished basements, providing additional living, recreation, and storage space. Recent improvements include beautifully updated bathrooms with modern vanities and contemporary finishes, renovated kitchens with new cabinetry and appliances, and fresh paint throughout both units. Ideally situated just minutes from Downtown Royal Oak, Corewell Health William Beaumont University Hospital, Woodward Avenue, major freeways, shopping, dining, entertainment, and local parks, this property benefits from strong tenant demand and exceptional convenience. With no HOA and no rent control restrictions, this well-maintained duplex presents an excellent opportunity for investors seeking immediate income and long-term investment potential in a highly desirable Royal Oak location.
Location
State MI
County Oakland
Area Royal Oak (63251)
Rooms
Basement Poured, Finished
Interior
Heating Forced Air
Cooling Central A/C, Window Unit(s)
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 1 Story
Foundation Basement
Structure Type Brick
Schools
School District Royal Oak Neighborhood Schools
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Prime Time Realty
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