141 FERNDALE Avenue, Rochester, Michigan 48307

$449,900

Property Details

MLS#: 20261011979
Bedrooms: N/A
Bathrooms: 4
Square Feet: 2,100
Price per Sqft: $214
Lot Size: 0.17 acres
Year Built: 1942
Property Type: ResidentialIncome
Status: Active

Description

Welcome to 141-143 Ferndale Ave, perfectly situated in a prime location within walking distance of downtown Rochester. This charming, side-by-side ( seperate entrance doors) updated ranch duplex is a fantastic income-generating opportunity through Airbnb. Each renovated unit boasts one bedroom and two full bathrooms, providing ample space and comfort. The property currently generates aprox $3,800 per month in gross income combined from both units. Please note that each unit requires a minimum stay of 27 days, as mandated by the city of Rochester for Airbnb use. The following appliances are included with the property: refrigerators, stoves, and washers and dryers (in each unit).This unique property offers various opportunities, including continuing its successful rental income stream, living in one unit while renting the other, or considering a teardown and rebuild to create a new residential home. Please note that the property is furnished; however, furniture is not included in the sale. With homes in the neighborhood experiencing exceptionally high values, this property is an excellent investment opportunity. Don’t miss out on the potential that 141-143 Ferndale Ave has to offer! Property is non homestead.

Location

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

Frequently Asked Questions

What is the price of 141 FERNDALE Avenue?

141 FERNDALE Avenue is listed at $449,900, or $214 per square foot.

How many bedrooms does 141 FERNDALE Avenue have?

This property has N/A bedrooms and 4 bathrooms, with 2,100 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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