Turnkey Ferndale duplex, recently vacated and offering an opportunity to set new rents from scratch. This property is ideal for an investor or an owner-occupant looking to live in one unit while leasing the other. The main-level unit offers 2 bedrooms and 1 full bath, and the upper unit offers 1 bedroom and 1 full bath. The units share a basement laundry, 2-car detached garage, and sizable backyard. Each unit has its own furnace and hot water heater. Prior to recent vacancy, the units demonstrated strong rental performance: the upper unit as a furnished mid-term rental at $1,478/month with 96% occupancy; and the lower unit to a long-term tenant at $1,735/month. The property has been meticulously maintained and updated, with recent improvements including central air added to the upper unit, two new water heaters, PEX hot and cold water supply plumbing, a gutted and remodeled upper unit bath, and stainless steel appliances, among many more. Contact the listing agent for a full list of updates. A rare opportunity to acquire an updated duplex with a history of strong rental performance in one of Metro Detroit's most walkable, in-demand communities!
Listed By
Agency Name: DOBI Real Estate
Agency Phone: (248) 385-3350
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
Estimated Payment
$ 2,112.85 per month $2,008.14 Principal & Interest $0.00 Property Tax (data not provided by mls) $104.71 Homeowner's InsuranceIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
967 Alberta Street | MLS# 20261042507
This multi-family property located at 967 Alberta Street , Ferndale, MI 48220 is currently listed for sale with an asking price of $359,000. Alberta Street is located within the Ferndale school district. Search Ferndale real estate on www.ikeyrealty.com today.