BEDS0
BATHS3 full 2 partial
SQUARE FEET2,400
MLS#20261083867
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONL E G G E T T F A R M
SCHOOLFerndale
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Partially Finished
Heating: Forced Air, Natural Gas
Home Style: Bungalow, Upper Lower Apartment
Lot Size: 0.14 Acres
Stories: 1.5
Taxes: $4,490
Year Built: 1924
Feature Descriptions
Days on Site: 15
Exterior: Aluminum Siding, Vinyl Siding
Lot Dimensions: 50X125
Parcel#: 2533204002
Pets Allowed: Call
Sewer: Public Sewer
Summer Tax: 4357
Units: 2
Water: Public
Winter Tax: 133
Local Schools
School District: Ferndale
Listed By / Shown By
Listed By
Agency Name: Forward Commercial Group
Agency Phone: 2486625066
Shown By
Agency Title: Griffith Realty
Agency Phone: 810-227-1016
Estimate Your Payment
Estimated Payment
$ 1,280.37 per month $801.20 Principal & Interest $374.17 Property Tax $105.00 Homeowner's Insurance
1447 Albany Street | MLS# 20261083867
This multi-family property located at 1447 Albany Street , Ferndale, Mi 48220 is currently listed for sale with an asking price of $360,000. Albany Street is located within the Ferndale school district. Search Ferndale real estate on www.griffithrealty.com today.