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1529 Silman Street

Ferndale, MI 48220
Square Ft.
1,538
Active
Multifamily
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$299,900
Fantastic investment opportunity in the heart of Ferndale! This well-maintained multi-family property features two separate units, making it ideal for investors or owner-occupants looking to generate rental income.The main-floor unit offers 3 spacious bedrooms, 1 full bathroom, beautiful hardwood flooring throughout most of the living areas, and a full basement… Read MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of Anthony Djon Luxury Real Estate, (248) 747-4834
Listing Snapshot
Days Online
86
Last Updated
Property Type
Multifamily
Square Ft.
1,538
Lot Size
0.11 Acres
Year Built
1923
MLS Number
20261042215
30 Days Snapshot Of 48220
$225k
-11%
(avg) sold price
52
0%
homes sold
51
+4%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
2 total units, 1 leased unit, 1 two-bedroom unit, 1 three-bedroom unit, Built in 1923, Architectural style: Other, Brick, Vinyl, 1,538 total square feet, 1,538 combined square feet, 874 total basement square feet, Unit count: 2
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.11, Lot size dimensions: 45X107.5
Miscellaneous
Gross scheduled income: $33,600, Income projection: Actual, Monthly rental income: $2,800, Net operating income: $25,600
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $8,400, Tax amount (winter): $240
Sewer
Sewer (Sewer-Sanitary)
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Monthly Payment
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GEM Realty & Development
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Schools In The Area

Check out nearby schools with ratings and contact info.
Webb Elementary School 248-658-5902 Public PK-5
Hazel Park Junior High School 248-658-2300 Public 6-8
Hazel Park High School 248-658-5100 Public 9-12
Webb Elementary School 248-658-5902 Public PK-5
Webb Elementary School 248-658-5902 Public PK-5
Hazel Park Junior High School 248-658-2300 Public 6-8
Hazel Park High School 248-658-5100 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.