$360,000
$350,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
4 Baths
1,864 SqFt
SOLD DATE : 02/02/2024
Key Details
Sold Price $360,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,864 sqft
Price per Sqft $193
Subdivision Woodward Farms
MLS Listing ID 20230102946
Sold Date 02/02/24
Style Quadruplex
Bedrooms 2
Full Baths 4
Originating Board Realcomp II Ltd
Year Built 1938
Annual Tax Amount $10,048
Lot Dimensions 57.00 x 255.00
Property Description
Presenting a fully occupied fantastic 4-unit property within minutes of downtown Ferndale. This property features one, 2 bed, 1 bath, one 1 bed, 1 bath, and two studio units.
With all four units currently occupied, this investment property guarantees a steady stream of attractive rental income. The gross rental income is $4075 monthly.
NO SHOWINGS UNTIL OFFER IS ACCEPTED. DO NOT DISTURB TENANTS.
Location
State MI
County Oakland
Area Ferndale
Zoning Multi-Family,Residential
Direction North of 8 Mile
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Waterfront no
Road Frontage Paved
Garage yes
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Quadruplex
Level or Stories 2 Story
Structure Type Aluminum
Schools
School District Ferndale
Others
Pets Allowed Yes
Tax ID 2534378031
Ownership Short Sale - No,Private Owned
Assessment Amount $642
Acceptable Financing Cash, Conventional, FHA, VA
Rebuilt Year 2022
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
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Bought with KW Domain
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