Perfect opportunity to invest in Ferndale!! Just North of 8 mile, this property boasts a prime location on a picturesque tree-lined street. This duplex boasts a solid structure and a prime location. Entry level unit has a very large covered porch. Upper has an enclosed private covered landing. House includes… Read More a full basement which houses a washer/dryer tenants utilize and share as well as plenty of storage area. There is a large private back yard which is fenced on 3 sides and shared. The lower unit features 2 spacious bedrooms and 1 full bath, complete with elegant original wood floors that add warmth and character. The second floor unit has 1 bedroom complemented by a full bath. The lower unit is rented for $1,050/month and the upper unit is rented for $925/month - rents below market rate. Buyers' agent to verify all information and measurements. 24 Hour Notice to Show. Both units occupied. Do not disturb tenants. Sold As-Is. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of O'Connor Realty Detroit, LLC, (313) 963-9891
Listing Snapshot
Days Online
64
Last Updated
Property Type
Multifamily
Square Ft.
1,291
Lot Size
0.1 Acres
Year Built
1923
MLS Number
20251004555
30 Days Snapshot Of 48220
$200k
-8%
(avg) sold price
43
-24%
homes sold
41
-4%
(avg) days on market
Snapshot
Area Map
Source: Home Junction
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
2 total units, 2 leased units, 1 one-bedroom unit, 1 two-bedroom unit, Built in 1923, Architectural style: Upper/Lower Apartment, Vinyl, 1,291 total square feet, 1,291 combined square feet, 845 total basement square feet, Unit count: 2
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Water at Street
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.10, Lot size dimensions: 35X122
Miscellaneous
Gross scheduled income: $23,700, Income projection: Actual, Monthly rental income: $1,975, Net operating income: $23,700
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
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