$400,000
Square Ft.
1,972
351 Edgewood Place, Ferndale, MI 48220
Located just minutes from vibrant downtown Ferndale, this well-maintained duplex offers multiple investment strategies, whether you're looking for a house hack, long-term rental property, or value-add opportunity. The lower unit is currently owner-occupied, providing flexibility for an owner-occupant or investor. Both units feature separate gas and electric meters, separate central A/C systems, and additional mini-split units for enhanced comfort and efficiency. There are two sets of washers and dryers in the basement, allowing each unit to have its own laundry facilities. There is locked storage in the basement that is available for each unit. There is a large parking pad in the backyard with three parking spaces. The lower unitRead MoreRead Less
Listing information is provided in part through IDX via MiRealSource and is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Listing is courtesy of The Stephan Group, 248-590-2067, the brokerage and MiRealSource Shareholder that originated the listing.
Listing Snapshot
Days Online
55
Last Updated
Property Type
Multi-Family
Square Ft.
1,972
Lot Size
0.1 Acres
MLS Number
60998960
Property Location Map
Additional Details
Property Access
Paved Street
Basement
Block, Common
Building
1,972 square feet, 2 total units, Built in 1925
Community
Laundry Facility
Exterior Features
Cedar, Vinyl Siding
Foundation
Basement
Water Features
Public Water
Heating
Natural Gas, Forced Air
Income
Net operating income: $44,400
Lot
Lot size: 35X121.3, 0.1 acres
Property
Residential
Taxes
Total amount: $7,676

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

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(Source: Home Junction)

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