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$ 329,900
Est. payment | /mo
2 Baths
6,098 Sqft Lot
$ 329,900
Est. payment | /mo
2 Baths
6,098 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Ferndale City
Subdivision Ferndale City
MLS Listing ID 20251024767
Year Built 1924
Annual Tax Amount $7,118
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 50X125
Source Realcomp
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 Oakland County - 70
Zoning Multi-Family
Direction Turn right onto Leroy from Pinecrest
Interior
Heating Forced Air
Cooling Central Air
Exterior
View Y/N No
Building
Structure Type Aluminum Siding
Schools
School District Ferndale
Others
Tax ID 2533204025
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Jim Saros Real Estate Services
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Jeffrey Northouse
REALTOR® | Lic# 6501236995