$259,000

264 E Woodland Street

Ferndale MI, 48220

Description

Huge Price reduction! Attention Investors: Amazing duplex in the heart of downtown Ferndale. Both units are currently leased - 2 bedroom for $1200 and 1 bedroom for $950. Property is licensed with the city of Ferndale and has been managed by The Home Store in Ferndale for several years. Common entrance through enclosed front porch and separate rear entrances on both units. Common basement. Shed in rear yard. Updated kitchens and baths in both units. Hardwood floors in both units. Tenants pay all utilities with fixed monthly fees for water and gas, and electric in their own names. Could be converted back to single family very easily. Subject to tenant's rights.

Details

MLS#219054714
Sub-TypeResale
StatusActive
Year1922
Days On Site97

Features

SQ Feet1,751
Units2
Building(s)1

Market Activity 48220

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Area Information

StateMI
CountyOakland
CityFerndale
Zip Code48220
AreaFerndale
Listing VS Median (in 48220)
Price:
$259,000
low | high
Med:
$174,900
82.471042471042% of Average
SqFt:
1,751
low | high
Med:
1,100
87.178754997144% of Average
$ / SqFt:
$148
low | high
Med:
$159
42.506177606178% of Average
On Site:
97
low | high
Med:
11
100% of Average
Listing Updated: 09/16/2019
MLS Number: 219054714
Listing Provided By:
Patti Martini  of  The Home Store Inc.
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