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About the Listing 105428 - RC301702
Rare Triplex Opportunity on Ardmore – High-Yield Income Property! Investors and house-hackers take note! This incredibly rare, fully designated 3-unit multi-family property on Ardmore offers exceptional value, immediate cash flow, and high-ticket updates in one of Ferndale's most demand-driven rental markets. The property boasts a versatile three-unit layout: Lower Unit 1: A comfortable, spacious 1-bedroom, 1-bathroom apartment. Lower Unit 2: A smart, efficient studio apartment - highly sought after for affordable Ferndale living. Upper Unit: A bright, private 1-bedroom, 1-bathroom apartment. Premium Upgrades & Tenant Amenities: The seller has invested heavily in low-maintenance, high-value improvements that will protect your investment for years to come: New HVAC & Water Heater. New Driveway leading to designated off-street parking behind the property for each unit (a massive premium in Ferndale!). Designated Private Outdoor Spaces for every single unit, allowing tenants their own place to relax and grill. Shared Laundry Facilities conveniently located in the basement. Current Status: Two units are currently occupied with stable, month-to-month rental agreements, offering immediate income on day one with the flexibility to adjust to market rents or move into the vacant unit yourself. Located just steps from the best shopping, dining, and nightlife Ferndale has to offer. Don't miss this incredible addition
Listing Highlights
Status
Active With Contingency
Days on Site
25
Property Type
Multi-Family
MLS ®
60995320
Year Built
1924
Total Square Footage
1,389
Lot/Acreage
0.08
County
Oakland
Neighborhood
The Little Farms
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: 1389
- Below Ground Sq Ft: n/a
- Basement: Poured
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 33X108.9
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $3,932
- 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
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Questions About..
212 Ardmore Ferndale, MI 48220
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