1641-1643 Fairview Avenue, Royal Oak, MI 48073 3235
1641-1643 Fairview Avenue, Royal Oak, MI 48073 3235
1641-1643 Fairview Avenue, Royal Oak, MI 48073 3235
1641-1643 Fairview Avenue, Royal Oak, MI 48073 3235
1641-1643 Fairview Avenue, Royal Oak, MI 48073 3235
1641-1643 Fairview Avenue, Royal Oak, MI 48073 3235
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$ 444,900
Est. payment | /mo

3 Baths

850 SqFt


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$ 444,900
Est. payment | /mo
Save

3 Baths

850 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Coming Soon

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 3 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 established occupancy, separate utilities, quality updates, and a highly sought-after location, this turnkey investment presents an outstanding opportunity to add a well-maintained, income-producing asset to any portfolio.

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

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by Prime Time Realty

Schools and Properties Nearby

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1641-1643 Fairview Avenue