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15766 Ferguson St

Detroit MI 48227

2
1934 sq. ft.
0.11 ac.
Multi-Family
Currently for sale - view listing

Overview

Calling All Investors! Here is a great duplex opportunity in a growing Detroit neighborhood. Each unit features 2 bedrooms and 1 bathroom which typically rent in the range of $900-$1100 per unit, offering a functional layout with excellent potential for cash flow. Gas and electric are separately metered for each unit, making this property especially appealing for investors looking for a straightforward rental setup. Currently vacant, this could also be an excellent house-hacking opportunity--live in one unit while renting out the other to help offset your housing costs. The property appraised for $165,000 last year, adding to its investment potential by adding some day one equity. 15766 Ferguson is worth a look for anyone seeking an affordable Detroit investment or owner-occupied opportunity. Seller financing will be considered.

Features

2 bathrooms
1934 sq. ft. floor area
0.11 ac. lot size
Multi-Family

Property history for 15766 Ferguson St

2021
Sold
$70,000
05 Nov 2021 by Laura Sanchez, of Creative USA Investment Group LLC
2018
Sold
$40,000
23 Oct 2018 by James Silver, of Keller Williams Somerset

Happy sellers in Detroit

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We have insufficient information to provide an overview of customer satisfaction for Detroit. Viewing the agent profiles, reviews and sales for Detroit can provide insights for this location.

Local market activity for multi families in Detroit

In the last 12 months, 45 multi families similar to 15766 Ferguson St, have been sold.

This represents a 11% increase in multi families sales when compared to the previous 12 months.

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