221 Silman Street new

Ferndale,MI 48220 2508

$ 299900

- Bed

3 Baths

1996 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,996 sqft

Price per Sqft $150

Subdivision Mi

MLS Listing ID 60934170

Style 2 Story

Full Baths 2

Half Baths 1

Year Built 1948

Annual Tax Amount $12,198

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 50 X 130 x 50 x 130

Property Sub-Type Multi-Family

Property Description

Investor special – this multi-family brick bungalow offers strong potential with the right vision and updates. Sold strictly as-is, the property is in need of work, but presents a solid opportunity for renovation, rental income or can be converted back to single family residence! With nearly 2,000 total square feet, the home is laid out with two bedrooms and a full bath on each level, along with a kitchen on both floors – ideal for multi-generational living or duplex-style rental. The main floor features a living room with a fireplace, a built-in corner hutch in the adjoining dining room, and a kitchen with ceramic tile countertops. A screened porch off one of the bedrooms adds additional living space during warmer months. Upstairs, the second unit includes a family room, two bedrooms, a full bath, and a kitchen with some updates already completed. The basement is full and unfinished, offering a half bath and ample storage or potential for future development. The exterior is low-maintenance brick, with a concrete front porch, fenced yard, and a one-car detached garage. There is no A/C Unit. The home has good natural light with plenty of windows throughout. Located in a convenient area with easy access to local freeways and amenities, this property is well-positioned for commuting and everyday needs. Whether you're looking to renovate for resale or hold as a rental, this property offers flexibility and long-term upside. Bring your ideas and take advantage of this investment opportunity.

Location

State MI

County Oakland

Area Ferndale (63258)

Zoning Residential

Rooms

Basement Block

Interior

Heating Baseboard

Fireplace No

Exterior

Exterior Feature Brick

Building

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Brick

Schools

School District Ferndale City School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional

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