617 E Bennett Ave.

Ferndale, MI 48220
  • $225,000

    Price
  • 3

    Bath
  • 1,559

    SqFt
  • 0.12

    Acre

About the Listing 104729 - RC392741,RC406396

Ferndale Duplex Investment | Immediate Income with Rental Upside. Excellent opportunity to acquire a fully occupied bungalow-style duplex in Ferndale with immediate rental income and the potential to increase returns through below-market in-place rents. The property features a 2-bedroom, 1-bath lower unit and a 1-bedroom, 1-bath upper unit, offering investors an opportunity to improve cash flow as rents adjust to market levels. The upper unit features an updated kitchen and bathroom, stainless steel appliances, updated cabinetry, and flooring. Additional highlights include a gas fireplace in the lower unit, basement with laundry, half bath and ample storage, fenced backyard, large rear deck, covered front porch, and detached 1.5-car garage. Conveniently located less than 1.5 miles from downtown Ferndale, with easy access to I-696, shopping, dining, and entertainment. An income-producing duplex with existing occupancy, rental upside, and desirable amenities in an established Oakland County market. Please do not disturb tenants.

Listing Highlights for 617 E Bennett Ave.

Status Active
Days on Site 7
Property Type Multi-Family
MLS ® 61039271
Year Built 1925
Total Square Footage 1,559
Lot/Acreage 0.12

Interior Details

  • Bathrooms: 2 Full / 1 Half
  • Appliances:
  • Air Cond:
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 1559
  • Basement: Poured,Partially Finished
  • Other:
  • Water: Public Water

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 50X105
  • Zoning: Residential
  • Roof:
  • Others: Deck,Porch
  • Sewer:

Financial Details

  • Tax Amount: $7,405
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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617 E Bennett Ave. Ferndale, MI 48220

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Originating MLS: RealComp

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Melanie Lovati

Associate Broker | Innovation RES | Innovation Real Estate Specialists

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