$237,000
$260,000
8.8%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
2,085 SqFt
SOLD DATE : 10/24/2022
Key Details
Sold Price $237,000
Property Type Multi-Family
Sub Type Duplex,Other
Listing Status Sold
Purchase Type For Sale
Square Footage 2,085 sqft
Price per Sqft $113
Subdivision The Little Farms Sub
MLS Listing ID 20221038321
Sold Date 10/24/22
Style Duplex,Other
Bedrooms 2
Full Baths 2
Originating Board Realcomp II Ltd
Year Built 1922
Annual Tax Amount $4,139
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 50 x 108
Property Description
Incredible investment opportunity! Downtown Ferndale! Two story multi family duplex with approximately 2,000 sq ft+/-, full basement and 1 car detached garage. Two separate units with private exterior entrances.
Zoning is R-2 single/two-family residential district. Legal confirming; Certificate -Rental Licensed with Ferndale.
First floor unit has open concept floor plan. Living room with natural fireplace, dining room, hardwood floors. kitchen, 2 bedrooms bathroom and full use of basement and laundry facilities.
2nd story studio unit has living room, kitchen, 1 bedroom and bathroom. You are in Downtown Ferndale - 9 Mile and Woodward Ave area and close to everything: hospitals, shopping, entertainment, restaurants, parks for hiking, biking and easy access to major freeways and to downtown! Both units are tenant occupied on month to month basis. Occupancy is negotiable. Conveyance is by Covenant/Fiduciary Deed. Minimum EMD Deposit is $15,000 with all offers. Property is tenant occupied and is subject to tenant's rights. Showings by appointment only!
Location
State MI
County Oakland
Area Ferndale
Zoning Multi-Family,Residential
Direction South of 9 Mile Road and east off Woodward Ave.
Rooms
Basement Interior Entry (Interior Access), Unfinished
Interior
Interior Features Laundry Facility
Hot Water Natural Gas
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Garage Spaces 1.0
Waterfront no
Roof Type Asphalt
Porch Porch - Covered, Porch
Road Frontage Paved
Garage yes
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Duplex, Other
Level or Stories 2 Story
Structure Type Aluminum
Schools
School District Ferndale
Others
Pets Allowed Yes
Tax ID 2534203053
Ownership Short Sale - No,Private Owned
Assessment Amount $291
Acceptable Financing Cash, Conventional, Covenant Deed
Listing Terms Cash, Conventional, Covenant Deed
Financing Cash,Conventional,Covenant Deed
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Bought with Century 21 Campbell Realty
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Managing Partner | License ID: 6506046014
280 North Old Woodward Avenue, Suite 100, Birmingham, MI, 48009, United States