Ferndale, MI 48220,1605 W 9 MILE

$274,900

Est. payment /mo
Est.Price: ?

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1605 W 9 MILE Ferndale, MI 48220

3 Baths

1,540 SqFt

SOLD DATE : 07/29/2019

Key Details

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,540 sqft

Price per Sqft $178

Subdivision Leggett Farm

MLS Listing ID 58031382324

Sold Date 07/29/19

Full Baths 3

Year Built 1915

Annual Tax Amount $5,145

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 50x179x50x177

Source MiRealSource

Property Description

Instant Cash Flow! Completely Turn-Key 3 flat building walkable to downtown Ferndale and easy access to Royal Oak and surrounding areas. All units currently occupied and subject to lease. Owner to provide background check, credit history, and proof of income for all tenants. Each unit is one bedroom with rents of $830, $860, and $710. Shared basement storage and laundry area. Large off-street parking area with new concrete. Property is zoned for 3+ family dwelling and landlord has maintained proper rental permits from city of Ferndale. Separate electric meters. Updated electrical system and PEX plumbing throughout. Large lot and Mixed Use (MXD-2) zoning allows for huge opportunity to further expand building.

Location

State MI

County Oakland

Area Ferndale

Zoning Multi-Family,Residential

Rooms

Basement Finished

Interior

Heating Forced Air

Fireplace no

Exterior

Road Frontage Paved

Garage no

Private Pool No

Building

Foundation Basement

Sewer Sewer-Sanitary

Water Municipal Water

Level or Stories 2 Story

Schools

School District Ferndale

Others

Pets Allowed Yes

Tax ID 2533126004

SqFt Source Estimated

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Realcomp MLS
Listed by Christina Schultz of Realteam Real Estate
Bought with Moving The Mitten RE Group Inc
Good Company Realty

Good Company Realty

+1(248) 733-5811

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