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Photo 1 of 1447 Albany Street, Ferndale MI
Just Listed

1447 Albany StreetFerndale, MI 48220

$360,000

Listing courtesy of Forward Commercial Group

4

Beds

5

Baths

2,400

Sqft

About

This Home

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.

Details

Property Type
Residential Income
Style
Multi Family
Year Built
1924
Lot Size
0.14 acres
Garage Spaces
0
Heating
Forced Air, Natural Gas
Cooling
None
Basement
Full, Partially Finished
Annual Taxes
$4,490
MLS #
20261083867

About Ferndale

A lively, walkable downtown along Woodward Avenue with an arts scene and a welcoming community. Its 1920s to 1940s bungalows are popular with first-time buyers.

Gallery

Photo 2 of 1447 Albany Street, Ferndale MI
Photo 3 of 1447 Albany Street, Ferndale MI
Photo 4 of 1447 Albany Street, Ferndale MI
Photo 5 of 1447 Albany Street, Ferndale MI
Photo 6 of 1447 Albany Street, Ferndale MI
Photo 7 of 1447 Albany Street, Ferndale MI
Photo 8 of 1447 Albany Street, Ferndale MI
Photo 9 of 1447 Albany Street, Ferndale MI

Listing courtesy of Forward Commercial Group. MLS # 20261083867. Information is deemed reliable but not guaranteed and should be independently verified.

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