Welcome to this beautifully maintained two-unit duplex, ideal for both owner-occupants and investors. Live in one unit while renting the other, or rent both for strong cash flow. The property generates $2,800/month in total rental income — the upper unit rents for $1,150 (lease through November 2025) and the lower unit rents for $1,650 (lease through May 2026). This clean, thoroughly updated, and fully occupied duplex features newer siding and windows, newly installed A/C units in both apartments, fresh hardwood floors, new vinyl flooring, and a remodeled lower-level bathroom. Each unit offers two bedrooms plus a spacious den, which can easily be used as a third sleeping area with a rolling closet. The entry-level unit includes a large covered front porch, while the upper unit features an enclosed private covered landing. The home also offers a full basement with shared washer and dryer, along with ample storage space. Outside, enjoy a large private backyard, fenced on three sides. Utilities are shared. A solid investment with excellent income potential and flexible living options.
Listed By
Agency Name: EXP Realty Main
Agency Phone: (888) 501-7085
Shown By
Agency Title: Griffith Realty
Agency Phone: 810-227-1016
Estimated Payment
$ 805.26 per month $711.96 Principal & Interest $0.00 Property Tax (data not provided by mls) $93.30 Homeowner's Insurance
1529 Silman Street | MLS# 20261023151
This multi-family property located at 1529 Silman Street , Ferndale, MI 48220 is currently listed for sale with an asking price of $319,900. Silman Street is located within the Hazel Park school district. Search Ferndale real estate on www.griffithrealty.com today.