1447 Albany

Ferndale, MI 48220
  • $360,000

    Price
  • 5

    Bath
  • 1,600

    SqFt
  • 0.14

    Acre

About the Listing 104729 - RC392741,RC406396

Fully Occupied Two-Unit Investment | Updated & Income-Producing. An excellent opportunity to acquire a fully occupied two-unit bungalow offering immediate rental income and long-term investment potential. Both units feature separate entrances, with the main unit offering 2 bedrooms, 2 full baths and 2 half-baths, and the upper unit offering 2 bedrooms and 1 full bath. Significant capital improvements include a 2023 roof, furnaces replaced in 2020 and 2024, a 2023 hot water heater, and fully renovated kitchens and bathrooms in both units in 2018. Additional features include a full basement and spacious backyard. Conveniently located just minutes from downtown Ferndale, with easy access to shopping, dining, parks and other amenities. An income-producing investment with substantial improvements already completed. Do Not Disturb Tenants.

Listing Highlights for 1447 Albany

Status Active
Days on Site 8
Property Type Multi-Family
MLS ® 61039285
Year Built 1924
Total Square Footage 1,600
Lot/Acreage 0.14

Interior Details

  • Bathrooms: 3 Full / 2 Half
  • Appliances:
  • Air Cond:
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 1600
  • Basement: Poured,Partially Finished
  • Other:
  • Water: Public Water

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 50X125
  • Zoning: Residential
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $4,490
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

Payment Calculator

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Listing Location

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1447 Albany 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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