UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 1,538 sqft
Price per Sqft $204
Subdivision Ford Heights- Ferndale
MLS Listing ID 20261042215
Style Other
Full Baths 2
Year Built 1923
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type MultiFamily
Property Description
The main-floor unit offers 3 spacious bedrooms, 1 full bathroom, beautiful hardwood flooring throughout most of the living areas, and a full basement providing ample storage and endless possibilities for additional use. This unit is currently leased through a one-year term at $1,725 per month, providing immediate rental income.
The upper-level unit features its own private entrance, 2 bedrooms, 1 full bathroom, and a functional layout that offers comfort and privacy for tenants.
Additional highlights include a brand-new central air conditioning system installed in 2025, laminate flooring in the kitchen and bedroom areas, a large covered front porch perfect for relaxing, and a generously sized backyard ideal for entertaining or outdoor enjoyment.
Conveniently located near downtown Ferndale's shopping, dining, parks, and major freeways, this is an excellent opportunity to add a solid income-producing property to your portfolio.
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Lower unit is currently leased for $1725 and is for a 1 year term
May 2026 through April 2027
Upper unit is leased for $1180 and will go in effect July 2026 thorough June 2027
Location
State MI
County Oakland
Area Area02258Ferndale
Rooms
Basement Unfinished
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Pool None
View Y/N No
Garage false
Building
Foundation Basement, BrickMortar
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Hazel Park
Others
Senior Community false
Acceptable Financing Cash, Conventional, FHA, VaLoan
Listing Terms Cash, Conventional, FHA, VaLoan
Special Listing Condition ShortSaleNo, Standard
Pets Allowed No
Virtual Tour https://www.zillow.com/view-imx/fb35a2e0-90e3-4ffc-950c-77ad9ff77614?initialViewType=pano
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