967 Alberta St, Ferndale, MI 48220
- $349,000
- 2
- BA
- 1,500
- SqFt
- List Price
- $349,000
- MLS#
- 20261057181
- Status
- ACTIVE
- Bathrooms
- 2
- Subdivision
- MAPLE RIDGE
Property Description
Turnkey Ferndale duplex, recently vacated and offering an opportunity to set new rents from scratch. This property is ideal for an investor or an owner-occupant looking to live in one unit while leasing the other. The main-level unit offers 2 bedrooms and 1 full bath, and the upper unit offers 1 bedroom and 1 full bath. The units share a basement laundry, 2-car detached garage, and sizable backyard. Each unit has its own furnace and hot water heater. Prior to recent vacancy, the units demonstrated strong rental performance: the upper unit as a furnished mid-term rental at $1,478/month with 96% occupancy; and the lower unit to a long-term tenant at $1,735/month. The property has been meticulously maintained and updated, with recent improvements including central air added to the upper unit, two new water heaters, PEX hot and cold water supply plumbing, a gutted and remodeled upper unit bath, and stainless steel appliances, among many more. Contact the listing agent for a full list of updates. A rare opportunity to acquire an updated duplex with a history of strong rental performance in one of Metro Detroit's most walkable, in-demand communities!
Additional Information
- Year Built
- 1922
- Basement Type
- Full, Unfinished
- Acres
- 0.12
- Style
- Duplex
- Acres
- 0.12
- School District
- Ferndale
- Cooling
- Central Air
- Heating
- Forced Air, Natural Gas
- Garage Description
- Garage
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Courtesy of DOBI Real Estate 2483853350
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