9
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$360,000
Est. payment /mo
5 Baths
1,600 SqFt
Active
1447 Albany Street Ferndale, MI 48220 3138
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $225
Subdivision Mi
MLS Listing ID 61039285
Style 1 1/2 Story
Full Baths 3
Half Baths 2
Year Built 1924
Annual Tax Amount $4,490
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 50X125
Property Sub-Type Multi-Family
Property Description
Fully Occupied Two-Unit Investment | Updated & Income-Producing. An excellent opportunity to acquire a fully occupied two-unit bungalow offering immediate rental income and long-term investment potential. Both units feature separate entrances, with the main unit offering 2 bedrooms, 2 full baths and 2 half-baths, and the upper unit offering 2 bedrooms and 1 full bath. Significant capital improvements include a 2023 roof, furnaces replaced in 2020 and 2024, a 2023 hot water heater, and fully renovated kitchens and bathrooms in both units in 2018. Additional features include a full basement and spacious backyard. Conveniently located just minutes from downtown Ferndale, with easy access to shopping, dining, parks and other amenities. An income-producing investment with substantial improvements already completed. Do Not Disturb Tenants.
Location
State MI
County Oakland
Area Ferndale (63258)
Zoning Residential
Rooms
Basement Poured, Partially Finished
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Aluminum, Vinyl Siding
Building
Story 1 1/2 Story
Foundation Basement
Water Public Water
Structure Type Aluminum,Vinyl Siding
Schools
School District Ferndale City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Forward Commercial Group
Nearby Locations
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