967 Alberta Street, Ferndale, MI 48220 1626
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967 Alberta Street, Ferndale, MI 48220 1626
967 Alberta Street, Ferndale, MI 48220 1626
967 Alberta Street, Ferndale, MI 48220 1626
967 Alberta Street, Ferndale, MI 48220 1626
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Excel Legacy Realty Team

Excel Legacy Realty Team

+1(586) 598-5988
$ 349,000
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967 Alberta Street Ferndale, MI 48220 1626

2 Baths

1,500 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $232

Subdivision Mi

MLS Listing ID 61014121

Style 2 Story

Full Baths 2

Year Built 1922

Annual Tax Amount $7,079

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 35X145

Property Sub-Type Multi-Family

Property Description

Turnkey Ferndale duplex, recently vacated and offering an opportunity to set new rents from scratch. This property is ideal for an investor or an owner-occupant looking to live in one unit while leasing the other. The main-level unit offers 2 bedrooms and 1 full bath, and the upper unit offers 1 bedroom and 1 full bath. The units share a basement laundry, 2-car detached garage, and sizable backyard. Each unit has its own furnace and hot water heater. Prior to recent vacancy, the units demonstrated strong rental performance: the upper unit as a furnished mid-term rental at $1,478/month with 96% occupancy; and the lower unit to a long-term tenant at $1,735/month. The property has been meticulously maintained and updated, with recent improvements including central air added to the upper unit, two new water heaters, PEX hot and cold water supply plumbing, a gutted and remodeled upper unit bath, and stainless steel appliances, among many more. Contact the listing agent for a full list of updates. A rare opportunity to acquire an updated duplex with a history of strong rental performance in one of Metro Detroit's most walkable, in-demand communities!

Location

State MI

County Oakland

Area Ferndale (63258)

Zoning Residential

Rooms

Basement Block

Interior

Heating Forced Air

Cooling Central A/C

Fireplace No

Exterior

Exterior Feature Brick, Vinyl Siding

Amenities Available Laundry Facility

Building

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Brick,Vinyl Siding

Schools

School District Ferndale City School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional,FHA,VA

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by DOBI Real Estate

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967 Alberta Street