Ferndale, MI 48220 1489,392 E Cambourne Street
Ferndale, MI 48220 1489,392 E Cambourne Street
Ferndale, MI 48220 1489,392 E Cambourne Street
Ferndale, MI 48220 1489,392 E Cambourne Street
Ferndale, MI 48220 1489,392 E Cambourne Street
Ferndale, MI 48220 1489,392 E Cambourne Street
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$ 270,000
Est. payment | /mo

3 Baths

1,416 SqFt


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$ 270,000
Est. payment | /mo
Save

3 Baths

1,416 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 1,416 sqft

Price per Sqft $190

Subdivision Mi

MLS Listing ID 60920549

Style 2 Story

Full Baths 3

Year Built 1937

Annual Tax Amount $10,213

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 60X131.5

Property Sub-Type Multi-Family

Property Description

Attention! Back on market and fully leased out with two great tenants! Income generating Ferndale duplex within walking distance to downtown! Units are separately metered for gas and electric, with one meter for water that is prorated 75%/25% between lower and upper units. Tenants pay all utilities. Upstairs unit is currently rented at $1,100/month through August 2026. Lower unit has had the same tenant for around 30 years, currently paying $1625/month with existing lease in place until January 2028, with rent increases built in to current agreement to $1675/month in February 2026 and to $1725/month in February 2027. Lower unit currently has full access to the backyard, basement, and garage. Fully rental certified, and inspection with city is good through July 2026.

Location

State MI

County Oakland

Area Ferndale (63258)

Zoning Residential

Rooms

Basement Block

Interior

Heating Forced Air

Cooling Window Unit(s)

Fireplace No

Exterior

Exterior Feature Vinyl Siding

Building

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Vinyl Siding

Schools

School District Ferndale City School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional,FHA

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by Brookstone, Realtors LLC
Shannon Bagdonas

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(313) 766-8387

soldbyshannonb@outlook.com

6838 Park Ave, Allen Park, MI, 48101-2036, USA

Learn More About LPT Realty

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392 E Cambourne Street