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1447 Albany St, Ferndale, MI 48220

$360,000
: 5
BA
: 2,400
SqFt

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List Price: $360,000
MLS#: 20261083867
Status: ACTIVE
Bathrooms: 5
Half-baths: 2
Subdivision: LEGGETT FARM

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Property Description

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.

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Additional Information

Year Built: 1924
Basement Type: Full, Partial
Acres: 0.14
Lot Dimensions: 50X125
Style: Bungalow, Apartment
Acres: 0.14
School District: Ferndale
Heating: Forced Air, Natural Gas