392 E Cambourne Street

Ferndale, MI 48220
Square Ft.
1,416
$275,000
Income generating Ferndale duplex within walking distance to downtown! This is a perfect opportunity to live in one unit while renting out the other, or lease out both units for maximum income generating potential. Currently rental certified through the city until 7/3/26. Units are separately metered for gas and electric,Read MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of Brookstone, Realtors LLC, (248) 963-0505
Listing Snapshot
Days Online
20
Last Updated
Property Type
Multifamily
Square Ft.
1,416
Lot Size
0.18 Acres
Year Built
1937
MLS Number
20251018932
30 Days Snapshot Of 48220
$200k
-11%
(avg) sold price
43
-20%
homes sold
41
-6%
(avg) days on market
Snapshot
Area Map

Source: Home Junction

Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
2 total units, 1 leased unit, 1 one-bedroom unit, 1 two-bedroom unit, Built in 1937, Architectural style: Bungalow, Duplex, Vinyl, 1,416 total square feet, 1,416 combined square feet, 944 total basement square feet, Unit count: 2
Cooling
Window Unit(s)
Exterior Features
Fenced
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 1
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.18, Lot size dimensions: 60X131.5
Miscellaneous
Gross scheduled income: $19,500, Income projection: Actual, Monthly rental income: $1,625, Net operating income: $19,500
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $9,909, Tax amount (winter): $304
Sewer
Public Sewer (Sewer-Sanitary)
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Mortgage Calculator | Source: Home Junction
Monthly Payment
$0
GEM
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IDX provided courtesy of Realcomp II Ltd., via GEM Realty & Development and Gregory Morad, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

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