MI
Oakland
Rochester
48307
141 FERNDALE Avenue
141 FERNDALE Avenue, Rochester, MI 48307
Listing Type
Multi Family
Listing Status
active
27
$449,900

Home Details for 141 FERNDALE Avenue

Price
$449,900
Type
Residential Income
Bedrooms
2
Bathrooms
Square feet
1050
Year built
1942
Lot size acres
0.17
County
Oakland
Garage
Basement
Finished
Days on site
4
MLS Listing#
20250014003
Listing Courtesy: Brookstone, Realtors LLC - 248-963-0505
Property Description

Welcome to 141-143 Ferndale Ave, perfectly situated in a prime location within walking distance of downtown Rochester. This charming, side-by-side updated ranch duplex is a fantastic income-generating opportunity through Airbnb. Each renovated unit boasts one bedroom and two full bathrooms, providing ample space and comfort. The property currently generates $3,800 per month in gross income combined from both units. Please note that each unit requires a minimum stay of 27 days, as mandated by the city of Rochester. The following appliances are included with the property: refrigerators, stoves, and washers and dryers (in each unit).This unique property offers various opportunities, including continuing its successful rental income stream, living in one unit while renting the other, or considering a teardown and rebuild to create a new residential home. Please note that the property is furnished; however, furniture is not included in the sale. With homes in the neighborhood experiencing exceptionally high values, this property is an excellent investment opportunity. Don’t miss out on the potential that 141-143 Ferndale Ave has to offer! Property is non homestead.

Property Features
  • Heating Information
    • Forced Air
  • Basement
    • Finished
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Market statistics compiled from data from Michigan Regional Information Center.
EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
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