967 Alberta ST, Ferndale, MI 48220
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967 Alberta ST, Ferndale, MI 48220
967 Alberta ST, Ferndale, MI 48220
967 Alberta ST, Ferndale, MI 48220
967 Alberta ST, Ferndale, MI 48220
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$ 349,000
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967 Alberta ST Ferndale, MI 48220

2 Baths

1,500 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $232

Subdivision Maple Ridge

MLS Listing ID 20261057181

Style Duplex

Full Baths 2

Year Built 1922

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type MultiFamily

Property Description

Turnkey Ferndale duplex, recently vacated and offering an opportunity to set new rents from scratch. This property is ideal for an investor or an owner-occupant looking to live in one unit while leasing the other. The main-level unit offers 2 bedrooms and 1 full bath, and the upper unit offers 1 bedroom and 1 full bath. The units share a basement laundry, 2-car detached garage, and sizable backyard. Each unit has its own furnace and hot water heater. Prior to recent vacancy, the units demonstrated strong rental performance: the upper unit as a furnished mid-term rental at $1,478/month with 96% occupancy; and the lower unit to a long-term tenant at $1,735/month. The property has been meticulously maintained and updated, with recent improvements including central air added to the upper unit, two new water heaters, PEX hot and cold water supply plumbing, a gutted and remodeled upper unit bath, and stainless steel appliances, among many more. Contact the listing agent for a full list of updates. A rare opportunity to acquire an updated duplex with a history of strong rental performance in one of Metro Detroit's most walkable, in-demand communities!

Location

State MI

County Oakland

Area Area02258Ferndale

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Laundry CommonArea, LaundryRoom

Exterior

Parking Features Garage

Pool None

View Y/N No

Roof Type Asphalt

Garage true

Building

Foundation Basement, Block

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Ferndale

Others

Senior Community false

Acceptable Financing Cash, Conventional, FHA, VaLoan

Listing Terms Cash, Conventional, FHA, VaLoan

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Yes


Realcomp MLS
Listed by Alexandra I Lannen of DOBI Real Estate

Nearby Locations

GET MORE INFORMATION

Corbin Gearhart
Corbin Gearhart

+1(517) 282-7166 | corbin@fullcircleregroup.com

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967 Alberta ST