617 E Bennett Ave. Avenue, Ferndale, MI 48220 3523
617 E Bennett Ave. Avenue, Ferndale, MI 48220 3523
617 E Bennett Ave. Avenue, Ferndale, MI 48220 3523
617 E Bennett Ave. Avenue, Ferndale, MI 48220 3523
617 E Bennett Ave. Avenue, Ferndale, MI 48220 3523
617 E Bennett Ave. Avenue, Ferndale, MI 48220 3523
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$ 225,000
Est. payment | /mo

3 Baths

1,559 SqFt


Save
$ 225,000
Est. payment | /mo
Save

3 Baths

1,559 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,559 sqft

Price per Sqft $144

Subdivision Mi

MLS Listing ID 61039271

Style 2 Story

Full Baths 2

Half Baths 1

Year Built 1925

Annual Tax Amount $7,405

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 50X105

Property Sub-Type Multi-Family

Property Description

Ferndale Duplex Investment | Immediate Income with Rental Upside. Excellent opportunity to acquire a fully occupied bungalow-style duplex in Ferndale with immediate rental income and the potential to increase returns through below-market in-place rents. The property features a 2-bedroom, 1-bath lower unit and a 1-bedroom, 1-bath upper unit, offering investors an opportunity to improve cash flow as rents adjust to market levels. The upper unit features an updated kitchen and bathroom, stainless steel appliances, updated cabinetry, and flooring. Additional highlights include a gas fireplace in the lower unit, basement with laundry, half bath and ample storage, fenced backyard, large rear deck, covered front porch, and detached 1.5-car garage. Conveniently located less than 1.5 miles from downtown Ferndale, with easy access to I-696, shopping, dining, and entertainment. An income-producing duplex with existing occupancy, rental upside, and desirable amenities in an established Oakland County market. Please do not disturb tenants.

Location

State MI

County Oakland

Area Ferndale (63258)

Zoning Residential

Rooms

Basement Poured, Partially Finished

Interior

Heating Forced Air

Fireplace No

Exterior

Exterior Feature Wood

Building

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Wood

Schools

School District Ferndale City School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by Forward Commercial Group

NEARBY SCHOOLS & PROPERTIES

Jackie Jones Kapuscinski

"I am here to help you every step of the way. Whether you are a first time home buyer or an experienced home owner, my goal is to make the process stress free and help you find the home of your dreams."

+1(419) 260-2806

jackie@jackiejonesrealtor.com

1910 IndianWood Circle, Maumee, OH 43537, USA

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617 E Bennett Ave. Avenue