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Photo 1 of 425 Vester Street, Ferndale MI
For Sale

425 Vester StreetFerndale, MI 48220

$619,000

Listing courtesy of Keller Williams Legacy

6

Beds

4

Baths

2,773

Sqft

About

This Home

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!

Details

Property Type
Residential Income
Style
Multi Family
Year Built
1916
Lot Size
0.13 acres
Garage Spaces
0
Heating
Forced Air, Natural Gas
Cooling
None
Basement
Finished
Annual Taxes
$11,640
MLS #
20261073555

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.

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Gallery

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Listing courtesy of Keller Williams Legacy. MLS # 20261073555. Information is deemed reliable but not guaranteed and should be independently verified.

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