1447 Albany Street, Ferndale, MI 48220

$360,000
5
BA

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List Price
$360,000
Days on Market
13
MLS#
20261083867
Status
ACTIVE
Type
Multifamily
Bathrooms
5

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.

Additional Information

Taxes
$4,490
Acres
0.14
Heating
Forced Air
School District
Ferndale
Water
Public

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Listing courtesy of Listing Agent: Emil Cherkasov from Listing Office: Forward Commercial Group.

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