REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$329,999
Est. payment /mo
2 Baths
1,244 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,244 sqft
Price per Sqft $265
Subdivision Mi
MLS Listing ID 60925514
Style 2 Story
Full Baths 2
Year Built 1924
Annual Tax Amount $7,118
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 50X125
Property Sub-Type Multi-Family
Property Description
Fantastic investment opportunity to own a duplex located in the highly sought after city of Ferndale. Building offers great opportunities from a first-time home buyer who can live in one unit and rent out the other or any investor to add to their portfolio and own in a fantastic and quickly growing community. Each unit is 2 bedrooms 1 full bathroom. First floor offers a beautiful covered front porch perfect for enjoying the wonderful summer and fall weather Michigan has to offer with spacious living room that flows directly into the dining room and kitchen. Upstairs has been nicely renovated and boasts a very nice open concept floor plan making the unit feel far bigger. Each unit has separate entrances and the building sits on a larger lot with extended driveway offering tenants off street parking adding perks to obtaining higher rent. Situated just steps from the award-winning night life and restaurants Ferndale has to offer on Woodward Ave plus just a quick drive to the awesome city of Royal Oak. This multifamily is a can't lose investment for any purchaser.
Location
State MI
County Oakland
Area Ferndale (63258)
Zoning Multi-Family
Rooms
Basement Block
Interior
Heating Forced Air
Cooling Central A/C
Fireplace No
Exterior
Exterior Feature Aluminum
Building
Story 2 Story
Foundation Basement
Structure Type Aluminum
Schools
School District Ferndale City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Read Less Info

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Jim Saros Real Estate Services