
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








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