1785 CHANNING Street

Ferndale, MI 48220
Square Ft.
1,700
$375,000
House hack your way into a move-in-ready investment with immediate income potential. This updated and fully rental-certified Ferndale duplex checks all the right boxes. The tenant can pay your mortgage while you enjoy building equity. Both units have been thoughtfully remodeled and impeccably maintained, with modern kitchens, ceramic tile bathsRead MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of Berkshire Hathaway HomeServices The Loft Warehouse, (313) 658-6400
Listing Snapshot
Days Online
11
Last Updated
Property Type
Multifamily
Square Ft.
1,700
Lot Size
0.07 Acres
Year Built
1915
MLS Number
20251021635
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, Walk-Up Access, Common, Private Storage Locker, Basement?: 1
Building
2 total units, 2 leased units, 1 two-bedroom unit, 1 three-bedroom unit, Built in 1915, Remodelled in 2012, Architectural style: Upper/Lower Apartment, Aluminum, 1,700 total square feet, 1,700 combined square feet, 724 total basement square feet, Unit count: 2
Cooling
Ceiling Fan(s), Wall Unit(s)
Exterior Features
Fenced
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Natural Gas, Public (Municipal)
Heating
Forced Air, Natural Gas
Interior Features
Laundry Facility
Lot
Lot size area: 0.07, Lot size dimensions: 30.00 x 100.00
Miscellaneous
Gross scheduled income: $36,480, Income projection: Projected, Monthly rental income: $3,040, Net operating income: $36,480
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $2,711, Tax amount (winter): $56
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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