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About the Listing 104693 - 681501
Attention! Back on market and fully leased out with two great tenants! Income generating Ferndale duplex within walking distance to downtown! Units are separately metered for gas and electric, with one meter for water that is prorated 75%/25% between lower and upper units. Tenants pay all utilities. Upstairs unit is currently rented at $1,100/month through August 2026. Lower unit has had the same tenant for around 30 years, currently paying $1625/month with existing lease in place until January 2028, with rent increases built in to current agreement to $1675/month in February 2026 and to $1725/month in February 2027. Lower unit currently has full access to the backyard, basement, and garage. Fully rental certified, and inspection with city is good through July 2026.
Listing Highlights for 392 E Cambourne
Status
Active
Days on Site
55
Property Type
Multi-Family
MLS ®
60920549
Year Built
1937
Total Square Footage
1,416
Lot/Acreage
0.18
County
Oakland
Neighborhood
Astonsof Knowles Heights
Area
Ferndale (63258)
School District
Ferndale City School District
Interior Details
- Bedrooms: 0
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1416
- Below Ground Sq Ft: n/a
- Basement: Block
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 60X131.5
- Zoning: Residential
- Roof:
- Others: Fenced Yard
- Sewer:
Financial Details
- Tax Amount: $10,213
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
392 E Cambourne Ferndale, MI 48220
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