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$ 360,000
Est. payment /mo
New
1447 Albany Street Ferndale, MI 48220
5 Baths
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Ferndale City
Subdivision Ferndale City
MLS Listing ID 20261083867
Year Built 1924
Annual Tax Amount $4,490
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 50X125
Source Realcomp
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
Zoning Residential
Direction 9 Mile west of Woodward Ave, south on Central St, left on Albany St.
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Water Public
Structure Type Aluminum Siding,Vinyl Siding
Schools
School District Ferndale
Others
Tax ID 2533204002
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Forward Commercial Group
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