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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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1447 Albany St , Ferndale, MI 48220
$360,000
Est. Payment: $800.00/mo
0 Bed
5 Bath
0 Sqft
Status: Active | Days on site: 52
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391990 - 392741
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Fully occupied two-unit bungalow offering immediate cash flow and outstanding long-term investment potential. This well-maintained property features numerous recent updates, including both furnaces (2024), roof (2023), one hot water heater (2023), and a complete gut renovated of both kitchens and all bathrooms (2018). The main unit offer 2 bedrooms, 2 full baths, 2 half-baths, while the upper unit offers 2 beds and 1 bath. Additional highlights include a full basement, a spacious backyard, and separate entrances that appeal to long-term tenants. A turnkey investment opportunity with proven rental history, conveniently located just minutes from downtown Ferndale and close to shopping, dining, parks, and major amenities. Do Not Disturb Tenants.
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Highlights

Listed by Emil Cherkasov , 248-894-3604 Forward Commercial Group , 248-662-5066.

Property Type

Multi-Family
Lot/Acreage
0.14

Year Built

1924

County

Oakland

 Neighborhood

Ferndale City

 School District

Ferndale

Listing ID

20261058108

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:5
  • ▪ Full Bathrooms:
Water:Public

Exterior Features
Principal Interest
$800
Taxes
$374

Home Price

$360,000

Loan Details

30 yrs
%

Down Payment

20%
$72,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$800.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $800.00 $374.17 $0.00 $1,174.17
Yearly $9,600.00 $4,490.00 $0.00 $14,090.00
Total $288,000.00 $134,700.00 $0.00 $422,700.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Ferndale, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.