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Mike Himes

mhimes.remax@gmail.com +1(517) 617-8911

$ 314,900

Est. payment | -/mo

2 Baths

4,791 Sqft Lot

Save

$ 314,900

Est. payment | -/mo

Save

2 Baths

4,791 Sqft Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Municipality Ferndale City

Subdivision Ferndale City

MLS Listing ID 20261023151

Year Built 1923

Annual Tax Amount $8,437

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 45X107.5

Source Realcomp

Property Description

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.

Location

State MI

County Oakland

Area Oakland County - 70

Zoning Multi-Family,Residential

Direction follow map.

Interior

Heating Forced Air

Exterior

View Y/N No

Building

Water Public

Structure Type Brick,Vinyl Siding

Schools

School District Hazel Park

Others

Tax ID 2535405036

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition {"Short Sale Possible":true}

Listed by EXP Realty Main

Nearby Locations

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Mike Himes

Associate Broker | Lic# 501408694

mhimes.remax@gmail.com

+1(517) 617-8911

26078 W US12 Sturgis MI 49091

1529 Silman Street Ferndale, MI 48220

Mike Himes

Key Details

Location

Interior

Exterior

Building

Schools

Others

1529 Silman Street