617 Bennett Avenue, Ferndale, Michigan 48220

$250,000

Property Details

MLS#: 20261057355
Bedrooms: N/A
Bathrooms: 2.5
Square Feet: 2,259
Price per Sqft: $111
Lot Size: 0.12 acres
Year Built: 1925
Property Type: ResidentialIncome
Status: Active
Days on Market: 8

Description

Excellent investment opportunity in Ferndale! This fully occupied bungalow-style upper and lower duplex features a lower unit with 2 bedrooms and 1 bathroom and an upper unit with 1 bedroom and 1 bathroom, providing immediate in-place rental income. The upper unit includes an updated kitchen and bathroom with stainless steel appliances, updated cabinetry, and updated flooring. Additional features include a gas fireplace in the lower unit, basement with laundry, a half bath, and generous storage space. Outside, the property offers a fenced backyard, large rear deck, covered front porch, and a detached 1.5-car garage. Ample parking is available in the garage, driveway, and on the street. Conveniently located less than 1.5 miles from downtown Ferndale with easy access to I-696, the property is close to shopping, dining, entertainment, and major commuter routes. The asset also presents a compelling value-add opportunity through below-market in-place rents, offering investors the ability to increase revenue over time while benefiting from continued demand in an established Oakland County submarket. Please do not disturb the tenants.

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 617 Bennett Avenue?

617 Bennett Avenue is listed at $250,000, or $111 per square foot.

How many bedrooms does 617 Bennett Avenue have?

This property has N/A bedrooms and 2.5 bathrooms, with 2,259 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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