242 W Webster StreetFerndale City, MI 48220
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
Fully renovated duplex in the heart of Ferndale, just minutes from downtown. Both units feature private balconies (upper and lower), quartz countertops, modern stainless steel appliances and full private basement with in unit laundry. A 2 car garage and updated mechanicals (furnace, AC, and plumbing -all within last 5yrs) add to value. Excellent income producing property generating $46,000+ annually. The first floor unit is set up as a short term rental (Airbnb) with 100% occupancy for the last 2 years, averaging $2,300/ month. The second floor unit is currently leased at $1,930/month with a consistent 2+ year rental history. Perfect for investors, house-hackers or owner-occupants looking to offset their mortgage. Don't miss this turnkey opportunity in one of Metro Detroit's hottest rental markets! Owner is a licensed agent.
| 3 weeks ago | Price changed to $427,500 | |
| 3 weeks ago | Listing updated with changes from the MLS® | |
| a month ago | Status changed to Active | |
| 2 months ago | Listing first seen on site |
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