242 W Webster

Ferndale, MI 48220
  • $440,000

    Price
  • 0

    Bed
  • 2

    Bath
  • 1,860

    SqFt

About the Listing 105428 - 622291

Fully renovated duplex in the heart of Ferndale, just minutes from downtown. Both units feature private balconies (upper and lower), quartz countertops, modern stainless steel appliances and full private basement with in unit laundry. A 2 car garage and updated mechanicals (furnace, AC, and plumbing -all within last 5yrs) add to value. Excellent income producing property generating $46,000+ annually. The first floor unit is set up as a short term rental (Airbnb) with 100% occupancy for the last 2 years, averaging $2,300/ month. The second floor unit is currently leased at $1,930/month with a consistent 2+ year rental history. Perfect for investors, house-hackers or owner-occupants looking to offset their mortgage. Don't miss this turnkey opportunity in one of Metro Detroit's hottest rental markets! Owner is a licensed agent.

Listing Highlights for 242 W Webster

Status Active
Days on Site 40
Property Type Multi-Family
MLS ® 60925007
Year Built 1926
Total Square Footage 1,860
Lot/Acreage 0.1

Interior Details

  • Bedrooms: 0
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 1860
  • Below Ground Sq Ft: n/a
  • Basement: Block
  • Other:
  • Water: Public Water

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 35X122
  • Zoning: Residential
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $13,896
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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242 W Webster Ferndale, MI 48220

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Originating MLS: RealComp

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