264 E Woodland Street

    Ferndale, MI 48220
    • $259,000
    • STATUS: Active
    • ON SITE: 101 days
    • ID#: 219054714
    UPDATED: 61 min ago
    $259,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,751
      SQFT
    • $148
      $/SQFT
    Type:
    Multi-Family
    Built:
    1922
    County:
    Area:
    Zoning:
    Multi-Family
    Lot Size Dimensions:
    40X129

    School Ratings & Info

    School District:

    Description

    Huge Price reduction! Attention Investors: Amazing duplex in the heart of downtown Ferndale. Both units are currently leased - 2 bedroom for $1200 and 1 bedroom for $950. Property is licensed with the city of Ferndale and has been managed by The Home Store in Ferndale for several years. Common entrance through enclosed front porch and separate rear entrances on both units. Common basement. Shed in rear yard. Updated kitchens and baths in both units. Hardwood floors in both units. Tenants pay all utilities with fixed monthly fees for water and gas, and electric in their own names. Could be converted back to single family very easily. Subject to tenant's rights.

    Monthly Payment Calculator



    Copyright 2019 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Classic are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2019-09-20T23:56:53.923.
    www.detroitmetrorealestate.com/homes/95771292

    264 E Woodland Street Ferndale, MI 48220

    • Price: $259,000
    • Status: Active
    • Updated: 61 min ago
    • ID#: 219054714
    0
    Beds
    2
    Baths
    0
    ½ Baths
    0.12
    Acres
    1,751
    SQFT
    $148
    $/SQFT
    1922
    Built
    Neighborhood:
    WOODWARD HEIGHTS SUB NO 2 - FERNDALE
    County:
    Oakland
    Area:
    Ferndale
    School District:
    FERNDALE
    Property Description
    Huge Price reduction! Attention Investors: Amazing duplex in the heart of downtown Ferndale. Both units are currently leased - 2 bedroom for $1200 and 1 bedroom for $950. Property is licensed with the city of Ferndale and has been managed by The Home Store in Ferndale for several years. Common entrance through enclosed front porch and separate rear entrances on both units. Common basement. Shed in rear yard. Updated kitchens and baths in both units. Hardwood floors in both units. Tenants pay all utilities with fixed monthly fees for water and gas, and electric in their own names. Could be converted back to single family very easily. Subject to tenant's rights.
    Exterior Features

    Architecture Level 2 Story Architecture Style Common Entry Building Construction Materials Other Exterior Features Fenced Foundation Details Basement Foundation Materials Block Lot Size Dimensions 40X129 Multifamily Parking On Street Pool YN No Porch Type BreezewayPorch - Enclosed Road Frontage Feet 40 Road Frontage Type Private Roof Material Asphalt Waterfront YN No

    Interior Features

    Basement Type Unfinished Basement YN Yes Baths Total 2.00 Heating Forced Air Heating Fuel Natural Gas Room Count 0 Sq Ft Combined 1851 Sq Ft Lower Floor 100 Sq Ft Source Prd Sq Ft Total Basement 800 Unit Efficiency Number Of 0 Unit One Bed Number Of 1 Unit Three Bed Number Of 0 Unit Two Bed Number Of 1

    Property Features

    Encroachment YN No Exclusions YN No Gross Scheduled Income 26040.00 Income Projection Projected Land Contract YN No Legal Rental Certified YN Yes Listing Financing CashConventional Monthly Rental Income 2170 Net Operating Income 16000.00 Number Of Units Leased 2 Ownership Status Private OwnedShort Sale - No Percent Homestead Exempt YN No Postal City Ferndale Protection Period 180 Restrictions YN No Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 5629.0000 Tax Amount Winter 131.0000 Title Private - Owned Total Tax 5760.0000 Transaction Type Sale Unparsed Address 264 E WOODLAND ST Water Source Municipal Water Zoning Multi-Family

    IDX provided courtesy of Realcomp II Ltd., via The Home Store Inc. and Realcomp, ©2019 Realcomp II Ltd. Shareholders.


    Copyright 2019 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Classic are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2019-09-20T23:56:53.923.
     
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