For Sale

Listed by Emil Cherkasov and Rachelle Cherkasov from Forward Commercial Group

Source: Multiple Listing Service MiRealSource #61039285

1447 Albany Street, Ferndale, MI, 48220

$360,000

5
1600 sq. ft.
0.14 ac.

MultiFam

•

30+ days on the market

What's around 1447 Albany Street

About this property

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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