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$1,200,000
Est. payment /mo
9 Baths
0.31 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Ferndale City
Subdivision Ferndale City
MLS Listing ID 20251016822
Year Built 1955
Annual Tax Amount $14,034
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions Irregular
Source Realcomp
Property Description
Well-maintained 9-unit apartment complex located just 0.5 miles from downtown Ferndale. The property consists of 8 one-bedroom units and 1 two-bedroom unit, all in classic condition offering significant upside potential through interior renovations and improved operations. New windows installed in 2024. Seller financing is not offered. Contact listing broker for offering memorandum.
Location
State MI
County Oakland
Area Oakland County - 70
Zoning Multiple
Direction West of Woodward on W. Marshall St.
Rooms
Basement Slab
Interior
Heating Forced Air
Cooling Wall Unit(s)
Exterior
View Y/N No
Building
Sewer Public
Structure Type Brick
Schools
School District Ferndale
Others
Tax ID 2534178019
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by OakPointe Real Estate Advisors