1447 Albany Street, Ferndale, MI 48220 3138
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1447 Albany Street, Ferndale, MI 48220 3138
1447 Albany Street, Ferndale, MI 48220 3138
1447 Albany Street, Ferndale, MI 48220 3138
1447 Albany Street, Ferndale, MI 48220 3138
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$ 360,000
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1447 Albany Street Ferndale, MI 48220 3138

5 Baths

1,600 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,600 sqft

Price per Sqft $225

Subdivision Mi

MLS Listing ID 61039285

Style 1 1/2 Story

Full Baths 3

Half Baths 2

Year Built 1924

Annual Tax Amount $4,490

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 50X125

Property Sub-Type Multi-Family

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

Area Ferndale (63258)

Zoning Residential

Rooms

Basement Poured, Partially Finished

Interior

Heating Forced Air

Fireplace No

Exterior

Exterior Feature Aluminum, Vinyl Siding

Building

Story 1 1/2 Story

Foundation Basement

Water Public Water

Structure Type Aluminum,Vinyl Siding

Schools

School District Ferndale City School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional


MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by Forward Commercial Group

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1447 Albany Street