$222,500
$244,900
9.1%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,559 SqFt
SOLD DATE : 11/14/2019
Key Details
Sold Price $222,500
Property Type Multi-Family
Sub Type Bungalow
Listing Status Sold
Purchase Type For Sale
Square Footage 1,559 sqft
Price per Sqft $142
Subdivision Stormfeltz-Lovely Co Woodward Ave Sub
MLS Listing ID 219057555
Sold Date 11/14/19
Style Bungalow
Bedrooms 2
Full Baths 2
Originating Board Realcomp II Ltd
Year Built 1926
Annual Tax Amount $6,297
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 50X111
Property Description
Huge Price Reduction! Great Investment Opportunity on this adorable duplex in the heart of downtown Ferndale. Both units are currently leased - 2 bedroom for $1200 and 1 bedroom for $900 per month. Property is licensed with the city of Ferndale and has been managed by The Home Store in Ferndale for numerous years. Common entrance leads to Upper and Lower Units. Common Basement with shared laundry. Each unit has usage of one half of 2 car garage, plus large driveway and on street parking. Large living rooms, updated kitchens and bathrooms. Fenced yard. Tenants pay fixed amounts monthly for water and gas and have electric in their ower names. Could easily be converted back to single family home. Subject to tenant's right. Tenant occupied. 48 hr notice to show.
Location
State MI
County Oakland
Area Ferndale
Zoning Multi-Family
Direction E off Woodward
Rooms
Basement Unfinished
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Exterior Feature Fenced
Porch Deck, Porch
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Sewer-Sanitary
Water Municipal Water
Architectural Style Bungalow
Level or Stories 1 1/2 Story
Structure Type Vinyl
Schools
School District Ferndale
Others
Pets Allowed Yes
Tax ID 2534427016
Ownership Private Owned,Short Sale - No
SqFt Source Estimate
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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