Ferndale MI Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- 2,248
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1941
- Baths:
- 2.00
- MLS#:
- 60340345
- Subdivision:
- WOODWARD HEIGHTS SUB - FERNDALE
ADDITIONAL INFORMATION
Welcome to this charming, fully furnished duplex in the heart of Ferndale, offering a fantastic investment opportunity! With two updated two-bedroom, one-bath units, this property is ideal for anyone looking for a turnkey Airbnb, mid- or long-term rental, or a house hack where you can live in one unit and rent out the other. Both units have been thoughtfully updated with remodeled kitchens, new windows, stylish light fixtures, new flooring, and brand-new appliances throughout. Each unit features its own HVAC system, electrical panel, and an enclosed balcony, providing private outdoor space for tenants. The home has also received significant upgrades, including a new roof within the last five years. Located within walking distance to downtown Ferndale and already city-approved as a turnkey Airbnb, long term AND short term rental. This property is perfect for investors, having previously ranked in the top 1% on Airbnb in the area. Don�t miss out on this incredible opportunity! Welcome Home!
$290,000
1529 SILMAN Ferndale, MI 48220
- Type:
- Multi-Family
- Sq.Ft.:
- 1,538
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1923
- Baths:
- 3.00
- MLS#:
- 60339995
- Subdivision:
- FORD HEIGHTS SUB - FERNDALE
ADDITIONAL INFORMATION
INVESTOR WANTED, won't last! Great revenue generation total $2500/Month, $1125 upper- lease up March 2025, and $1375 lower lease up September 2026. Clean thoroughly updated occupied duplex. Newer siding and windows. Fresh hardwood floors, new vinyl flooring, remodeled lower bath. Each unit is two bedrooms and each includes a large a den that could be used as a third sleeping area with a rolling closet. Entry level unit has a very large covered porch. Upper has an enclosed private covered landing. House includes a full basement which houses a washer/dryer tenants utilize and share as well as plenty of storage area. There is a large private back yard which is fenced on 3 sides and shared. Upper pays elec. Entry level pays gas.
$1,400,000
226 WITHINGTON Ferndale, MI 48220
- Type:
- Multi-Family
- Sq.Ft.:
- 7,916
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1928
- Baths:
- 10.00
- MLS#:
- 60337258
- Subdivision:
- WOODWARD HEIGHTS SUB - FERNDALE
ADDITIONAL INFORMATION
- Type:
- Multi-Family
- Sq.Ft.:
- 1,363
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1926
- Baths:
- 2.00
- MLS#:
- 60316651
- Subdivision:
- ADOLPH SLOMAN'S WOODWARD BLVD SUB
ADDITIONAL INFORMATION
Looking to invest or live in Ferndale? This 2-family property is your golden opportunity! The lower unit is already rented $1,195, upper rented for $1,025 a month. $2,220.00/month coming in. Spacious 3 Car Garage, North of 8 mile , this property boasts a prime location on a picturesque tree-lined street. Having Central air throughout is important. Has a large main level front porch and smaller back porch on main level and a upper level front covered balcony and regular open air back balcony. Buyers' agent to verify all information and measurements. Don't miss out on this lucrative investment opportunity! Both units are occupied and top unit is shown once offer is accepted. Only lower unit to be shown. Lower unit has given notice to vacate. Do not disturb tenants. Upper unit lease ends July 31, 2025.
$249,900
229 E Bennett Ferndale, MI 48220
- Type:
- Multi-Family
- Sq.Ft.:
- 1,752
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.07 Acres
- Year built:
- 1925
- Baths:
- 2.00
- MLS#:
- 60282703
ADDITIONAL INFORMATION
duplex in fashionable Ferndale. Includes addresses 229 and 231 e Bennett. Easy access to highways, bus stops, downtown Ferndale, Royal oak and Detroit. updated furnace, water heater and roof. Great opportunity to make a great investment in growing community. Each unit has been updated in the past years and well maintained.
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Ferndale Real Estate
The median home value in Ferndale, MI is $256,000. This is higher than the county median home value of $248,100. The national median home value is $219,700. The average price of homes sold in Ferndale, MI is $256,000. Approximately 59% of Ferndale homes are owned, compared to 32.74% rented, while 8.27% are vacant. Ferndale real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Ferndale real estate agent to arrange a tour today!
Ferndale, Michigan has a population of 20,159. Ferndale is less family-centric than the surrounding county with 25.59% of the households containing married families with children. The county average for households married with children is 33.38%.
The median household income in Ferndale, Michigan is $61,060. The median household income for the surrounding county is $73,369 compared to the national median of $57,652. The median age of people living in Ferndale is 34.6 years.
Ferndale Weather
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 20.3 degrees. The average rainfall is approximately 33.3 inches per year, with 31.4 inches of snow per year.