MI
Oakland
Ferndale City
48220
1529 Silman Street
1529 Silman Street, Ferndale City, MI 48220
Share Listing
Listing Type
Multi Family
Listing Status
Active
31
$319,900

Home Details for 1529 Silman Street

Price
$319,900
Type
Residential Income
Bedrooms
4
Bathrooms
2.0
Square feet
2412
Year built
1923
Lot size acres
0.11
County
Oakland
Garage
Basement
Full, Partially Finished
Days on site
10
MLS Listing#
20261007362
Property Description

Welcome to this beautifully maintained two-unit duplex, ideal for both owner-occupants and investors. Live in one unit while renting the other, or rent both for strong cash flow. The property generates $2,800/month in total rental income — the upper unit rents for $1,150 (lease through November 2025) and the lower unit rents for $1,650 (lease through May 2026). This clean, thoroughly updated, and fully occupied duplex features newer siding and windows, newly installed A/C units in both apartments, fresh hardwood floors, new vinyl flooring, and a remodeled lower-level bathroom. Each unit offers two bedrooms plus a spacious den, which can easily be used as a third sleeping area with a rolling closet. The entry-level unit includes a large covered front porch, while the upper unit features an enclosed private covered landing. The home also offers a full basement with shared washer and dryer, along with ample storage space. Outside, enjoy a large private backyard, fenced on three sides. Utilities are shared. A solid investment with excellent income potential and flexible living options.

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Basement
    • Full
    • Partially Finished
  • Cooling Information
    • None
  • Water Features
    • Public
Listing Courtesy: Amin Realty - 833-264-6832
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EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
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