3315 McDowell, Ferndale, Michigan 48220
$875,000
Property Details
- MLS#: 20261067860
- Bedrooms: N/A
- Bathrooms: 4.5
- Square Feet: 3,386
- Price per Sqft: $258
- Lot Size: N/A
- Year Built: 2020
- Property Type: ResidentialIncome
- Transaction: For Sale
- Listing Status: Active
Tax and Assessment Information
Tax and assessment information is unavailable.
Description
An exceptional investment opportunity offering 3 spacious, thoughtfully designed 2-bedroom units in a modern, newer construction (built in 2020), low-maintenance building. Ideally positioned in one of Metro Detroit’s most sought-after rental markets, this property allows investors to acquire a stabilized, income-producing asset with strong tenant appeal, predictable operating expenses, and immediate value-add/owner-occupancy potential. This exceptional multi-family opportunity features three identical units, each offering a generous 1,130 square feet of comfortable living space complete with 2 bedrooms and 1.5 bathrooms. Designed for modern convenience, every residence includes a dedicated second-floor laundry room and an oversized single-car private garage ideal for vehicle parking and extra storage. Maintenance is hassle-free thanks to newer construction quality that minimizes near-term capital expenditure requirements. Operating expenses remain predictable and landlord-paid utility burdens are completely eliminated by separately metered gas, electric, and water, while independent furnaces and central air conditioning systems ensure individual comfort control for every home. Foundation lot to the North of this property can be purchased with MLS #20261067860 for a total of $1,000,000. Subject to seller obtaining municipal approval of land spilt and easement for shared driveway. 2/3 units are currently under lease.
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 3315 McDowell?
3315 McDowell is listed at $875,000, or $258 per square foot.
How many bedrooms does 3315 McDowell have?
This property has N/A bedrooms and 4.5 bathrooms, with 3,386 square feet of living space.
Ask about this property
Contact Sonic Realty to verify current availability or ask about this listing. A showing is only arranged after the listing team confirms it.
Phone: (313) 484-4696
Email: info@sonicrealty.com
Similar Homes for Sale in Ferndale
- 1080 Alberta Street, Ferndale — $899,900 · 4bd · 2ba · 2,673sqft
- 762 Oakridge Street, Ferndale — $800,000 · 4bd · 1ba · 2,856sqft
- 538 Laprairie Street, Ferndale — $1,000,000 · 2ba · 1,600sqft
- 544 Laprairie Street, Ferndale — $1,000,000 · 2ba · 1,647sqft
- 552 Laprairie Street, Ferndale — $1,000,000 · 2ba · 1,612sqft
- 3121 Grayson Street, Ferndale — $649,900 · 3bd · 2ba · 2,081sqft
- 3139 Grayson Street, Ferndale — $649,900 · 3bd · 2ba · 2,081sqft
- 425 Vester Street, Ferndale — $619,000 · 4ba · 2,773sqft