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About the Listing 110722 - RC432679
Located just minutes from vibrant downtown Ferndale, this well-maintained duplex offers multiple investment strategies, whether you're looking for a house hack, long-term rental property, or value-add opportunity. The lower unit is currently owner-occupied, providing flexibility for an owner-occupant or investor. Both units feature separate gas and electric meters, separate central A/C systems, and additional mini-split units for enhanced comfort and efficiency. There are two sets of washers and dryers in the basement, allowing each unit to have its own laundry facilities. There is locked storage in the basement that is available for each unit. There is a large parking pad in the backyard with three parking spaces. The lower unit is a two bedroom, one bathroom. The updates include kitchen cabinets, flooring, and appliances, full bathroom remodel and AC unit. The upper unit is a three bedroom, two bathroom. The updates include updated kitchen, bathrooms and finished third floor for extra living space. The upper unit is currently vacant after a long-term tenant. There is also an opportunity to expand the third-floor to a one bedroom unit. With the appropriate approvals and renovations, the area could potentially be converted into a studio or one-bedroom unit, creating an additional income stream and increasing the property's overall value. The owner currently pays for lawn care and snow removal. BTVAI
Listing Highlights
Status
Active
Days on Site
14
Property Type
Multi-Family
MLS ®
60998960
Year Built
1925
Total Square Footage
1,972
Lot/Acreage
0.1
County
Oakland
Neighborhood
Adolph Slomans Woodward Blvd
Area
Ferndale (63258)
School District
Ferndale City School District
Interior Details
- Bedrooms: 0
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1972
- Below Ground Sq Ft: n/a
- Basement: Block,Common
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 35X121.3
- Zoning: Residential
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $7,676
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
351 Edgewood Ferndale, MI 48220
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