Ferndale, MI 48220,541 PEARSON Street
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Ferndale, MI 48220,541 PEARSON Street
Ferndale, MI 48220,541 PEARSON Street
Ferndale, MI 48220,541 PEARSON Street
Ferndale, MI 48220,541 PEARSON Street

$279,900

Est. payment /mo
Est.Price: ?

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541 PEARSON Street Ferndale, MI 48220

2 Baths

4,791 Sqft Lot

SOLD DATE : 01/22/2024

Key Details

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Municipality Ferndale City

Subdivision Ferndale City

MLS Listing ID 20230096636

Sold Date 01/22/24

Year Built 1923

Annual Tax Amount $3,866

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 40x122

Source Realcomp

Property Description

Rare opportunity! Turn key income producing property in thriving downtown location! Only a few minutes walk to shopping, nightlife, restaurants, entertainment, and more! Near major expressways and famous Woodward Ave! Lower unit features hardwood floors, neutral paint throughout, a fantastic kitchen, spacious living room, and applications are currently being reviewed for $1295/mo. rate. Upper unit is currently rented at $995/mo. until Nov. 2024. Full basement includes a newer furnace and hot water tank. Appliances included. Tenants pay utilities, Electric has separate meters, gas/water is shared. Landlord owns stove/fridge in both units and washer and dryer in basement. Rental Certified through 9/6/25.

Location

State MI

County Oakland

Area Oakland County - 70

Zoning Multi-Family

Direction S OF 9 MILE, WEST OF WOODWARD

Interior

Heating Forced Air

Exterior

View Y/N No

Building

Sewer Public

Water Public

Structure Type Aluminum Siding

Schools

School District Ferndale

Others

Tax ID 2534152018

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

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Listed by Keller Williams Somerset
Good Company Realty

Good Company Realty

+1(248) 733-5811

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