1529 Silman

Ferndale, MI 48220
  • $319,900

    Price
  • 0

    Bed
  • 2

    Bath
  • 1,538

    SqFt

About the Listing 104654 - 715062

Welcome to this beautifully maintained two-unit duplex, ideal for both owner-occupants and investors. Live in one unit while renting the other, or rent both for strong cash flow. The property generates $2,800/month in total rental income - the upper unit rents for $1,150 (lease through November 2025) and the lower unit rents for $1,650 (lease through May 2026). This clean, thoroughly updated, and fully occupied duplex features newer siding and windows, newly installed A/C units in both apartments, fresh hardwood floors, new vinyl flooring, and a remodeled lower-level bathroom. Each unit offers two bedrooms plus a spacious den, which can easily be used as a third sleeping area with a rolling closet. The entry-level unit includes a large covered front porch, while the upper unit features an enclosed private covered landing. The home also offers a full basement with shared washer and dryer, along with ample storage space. Outside, enjoy a large private backyard, fenced on three sides. Utilities are shared. A solid investment with excellent income potential and flexible living options.

Listing Highlights

Status Active
Days on Site 33
Property Type Multi-Family
MLS ® 60969518
Year Built 1923
Total Square Footage 1,538
Lot/Acreage 0.11

Interior Details

  • Bedrooms: 0
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 1538
  • Below Ground Sq Ft: n/a
  • Basement: Partially Finished
  • Other:
  • Water: Public Water

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 45X107.5
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $8,437
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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1529 Silman Ferndale, MI 48220

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Originating MLS: RealComp

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