BEDS0
BATHS4 full
SQUARE FEET2,100
MLS#20261011979
STATUS(Short Sale) - Active
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONW O O D W A R D H E I G H T S S U B - R O C H E S T E R
SCHOOLRochester
Property Description
Welcome to 141-143 Ferndale Ave, perfectly situated in a prime location within walking distance of downtown Rochester. This charming, side-by-side ( seperate entrance doors) updated ranch duplex is a fantastic income-generating opportunity through Airbnb.Each renovated unit boasts one bedroom and two full bathrooms, providing ample space and comfort. The property currently generates aprox $3,800 per month in gross income combined from both units. Please note that each unit requires a minimum stay of 27 days, as mandated by the city of Rochester for Airbnb use. The following appliances are included with the property: refrigerators, stoves, and washers and dryers (in each unit).This unique property offers various opportunities, including continuing its successful rental income stream, living in one unit while renting the other, or considering a teardown and rebuild to create a new residential home. Please note that the property is furnished; however, furniture is not included in the sale. With homes in the neighborhood experiencing exceptionally high values, this property is an excellent investment opportunity. Don't miss out on the potential that 141-143 Ferndale Ave has to offer! Property is non homestead.
Property Features
Property Type: Multi Unit - Multiple
Basement: Finished, Full
Basement: Yes
Heating: Forced Air, Natural Gas
Home Style: Duplex, Ranch
Lot Size: 0.17 Acres
Roof Type: Asphalt
Stories: 1.0
Taxes: $6,331
Year Built: 1942
Amenities
Lighting
Feature Descriptions
Days on Site: 159
Exterior: Vinyl Siding
Lot Dimensions: 50.00 x 150.00
Parcel#: 1510280006
Parking: Paved
Parking Notes: Paved
Patio/Porch: Deck
Pets Allowed: Yes
Sewer: Public Sewer
Summer Tax: 5306
Units: 2
Water: Public
Winter Tax: 1025
Local Schools
School District: Rochester
Listed By / Shown By
Listed By
Agency Name: Brookstone, Realtors LLC
Agency Phone: 2489630505
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
Estimate Your Payment
Estimated Payment
$ 3,116.56 per month $2,460.68 Principal & Interest $527.58 Property Tax $128.30 Homeowner's Insurance
141 Ferndale Avenue | MLS# 20261011979
This multi-family property located at 141 Ferndale Avenue, Rochester, Mi 48307 is currently listed for sale with an asking price of $439,900. Ferndale Avenue is located within the Rochester school district. Search Rochester real estate on www.ikeyrealty.com today.