425 Vester

Ferndale, MI 48220
  • $619,000

    Price
  • 0

    Bed
  • 4

    Bath
  • 1,866

    SqFt

About the Listing 105107 - RC403947,RC435036

The investment opportunity of the year is here! Located in the heart of Ferndale, surrounded by exciting new development, this fully updated four-unit multifamily property offers exceptional income potential and turnkey appeal. The property features two upper units, each offering 2 bedrooms and 1 full bathroom, along with two lower units, each offering 1 bedroom and 1 full bathroom. Every unit has been updated with high-end finishes throughout. One unit is currently rented for $1,600 per month, with projected total rental income of approximately $6,700 per month. Also includes a coin operated washer and dryer used by all tenants. Whether you are looking to add a strong income-producing asset to your portfolio or begin your investment journey, this is an opportunity you will not want to miss. Schedule your private showing today!

Listing Highlights

Status Active
Days on Site 10
Property Type Multi-Family
MLS ® 61029565
Year Built 1916
Total Square Footage 1,866
Lot/Acreage 0.13

Interior Details

  • Bedrooms: 0
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 1866
  • Below Ground Sq Ft: n/a
  • Basement: Block,Finished
  • Other:
  • Water: Public Water

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 55x105
  • Zoning: Multi-Family
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $11,640
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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425 Vester 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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