1529 Silman Street, Ferndale, Michigan 48220

$319,900

Property Details

MLS#: 20261007362
Bedrooms: N/A
Bathrooms: 2
Square Feet: 2,412
Price per Sqft: $133
Lot Size: 0.11 acres
Year Built: 1923
Property Type: ResidentialIncome
Status: Active
Days on Market: 11

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.

Location

This property is located in Ferndale, Michigan. Ferndale is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 1529 Silman Street?

1529 Silman Street is listed at $319,900, or $133 per square foot.

How many bedrooms does 1529 Silman Street have?

This property has N/A bedrooms and 2 bathrooms, with 2,412 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com

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