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695 Livernois

Ferndale, MI 48220
Square Ft.
3,986
Active
Commercial
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$775,000
Discover the future of living and investing - a seamlessly blended residential and commercial opportunity tailored for the ambitious young professional or savvy investor. This unique multi-unit property not only offers stylish, modern living spaces but also features mixed-use zoning, allowing you to dream big and diversify your investment portfolio.… Read MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of KW Metro, (248) 288-3500
Listing Snapshot
Days Online
46
Last Updated
Property Type
Commercial
Square Ft.
3,986
Lot Size
0.1 Acres
Year Built
1942
MLS Number
20261010071
30 Days Snapshot Of 48220
$186k
-5%
(avg) sold price
23
-34%
homes sold
68
+1%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Building
Built in 1942, Remodelled in 2023, 3,986 total square feet, 3,986 main square feet, 1,500 office square feet, 4 total units, 2 one-bedroom units, 2 two-bedroom units, Brick, Vinyl
Foundation
Basement
Water Features
Natural Gas, Public (Municipal)
Heating
Natural Gas, Central Air, Forced Air
Lot
Lot size area: 0.10, Lot size dimensions: 41 x 110
Miscellaneous
Gross scheduled income: $115,500, Monthly sales: $9,625, Net operating income: $87,705, Operating expense: $22,020, Service, Office, Residential, Retail, Apartments, Business And Real Estate
Property
Property type: Commercial, Commercial, Multi-Family, Multiple, Office
Taxes
Tax amount (summer): $7,007, Tax amount (winter): $166
Sewer
Sewer (Sewer-Sanitary)
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Monthly Payment
$0
GEM Realty & Development
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Schools In The Area

Check out nearby schools with ratings and contact info.
Roosevelt Primary School 248-548-1950 Public KG-2
John F. Kennedy Elementary School 248-547-0880 Public 3-5
Ferndale Middle School 248-541-1783 Public 6-8
Ferndale High School 248-548-8622 Public 9-12
Roosevelt Primary School 248-548-1950 Public KG-2
Roosevelt Primary School 248-548-1950 Public KG-2
John F. Kennedy Elementary School 248-547-0880 Public 3-5
Ferndale Middle School 248-541-1783 Public 6-8
Ferndale High School 248-548-8622 Public 9-12

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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.

IDX provided courtesy of Realcomp II Ltd., via GEM Realty & Development and Gregory Morad, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

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.