2-Unit, Fully Occupied Bungalow Close to Downtown Ferndale
$360,000
1447 Albany Street, Ferndale, MI 48220
2
Units
1924
Year Built
Details:
Description:
Fully occupied two-unit bungalow offering immediate cash flor and outstanding long-term investment potential. This well-maintained property features numerous recent updates, including both furnaces (2024), roof (2023), one hot water heater (2023), and a complete gut renovated of both kitchens and all bathrooms (2018).
The main unit offer 2 bedrooms, 2 full baths, 2 half-baths, while the upper unit offers 2 beds and 1 bath. Additional highlights include a full basement, a spacious backyard, and separate entrances that appeal to long-term tenants. A turnkey investment opportunity with proven rental history, conveniently located just minutes from downtown Ferndale and close to shopping, dining, parks, and major amenities.
Can be purchase separately for $360,000 or with another 2-unit rental in Ferdale for a total of $585,000 (617 E. Bennett).
Do not disturb tenants.
Documents:
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Offering Memorandum
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Location
Gallery
