617 E Bennett Avenue, Ferndale, MI 48220 3523
617 E Bennett Avenue, Ferndale, MI 48220 3523
617 E Bennett Avenue, Ferndale, MI 48220 3523
617 E Bennett Avenue, Ferndale, MI 48220 3523
617 E Bennett Avenue, Ferndale, MI 48220 3523
617 E Bennett Avenue, Ferndale, MI 48220 3523
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Shannon Bagdonas

Shannon Bagdonas

+1(313) 766-8387
$ 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 61023950

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

Excellent investment opportunity in Ferndale! This fully occupied bungalow-style duplex features a 2-bedroom, 1-bath lower unit and a 1-bedroom, 1-bath upper unit, providing immediate rental income with an opportunity to increase revenue through below-market in-place rents. The upper unit features an updated kitchen and bathroom, stainless steel appliances, updated cabinetry, and updated flooring. Additional property highlights include a gas fireplace in the lower unit, basement with laundry, half bath and ample storage, plus a fenced backyard, large rear deck, covered front porch, and detached 1.5-car garage. Ample parking is available in the garage, driveway, and on the street. Located less than 1.5 miles from downtown Ferndale with convenient access to I-696, the property is close to shopping, dining, entertainment, and major commuter routes. An established Oakland County location, strong rental demand, and below-market rents make this an attractive opportunity for investors seeking immediate cash flow with future upside. Please do not disturb the 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)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Forward Commercial Group

Schools and Properties Nearby

Learn More About LPT Realty

Shannon Bagdonas
Shannon Bagdonas

Team Lead / Broker Partner

+1(313) 766-8387

movinginmichigan.net

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

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617 E Bennett Avenue