544 Laprairie Street, Ferndale, Michigan 48220

$1,000,000

Property Details

  • MLS#: 20261069204
  • Bedrooms: N/A
  • Bathrooms: 2
  • Square Feet: 1,647
  • Price per Sqft: $607
  • Lot Size: N/A
  • Year Built: 1926
  • Property Type: ResidentialIncome
  • Transaction: For Sale
  • Listing Status: Active
  • Days on Market: 36

Tax and Assessment Information

Tax and assessment information is unavailable.

Description

Truly, a generational opportunity. This package of three 2-family homes located in the very desirable Detroit suburb of FERNDALE Michigan is special in many ways. With the 3 built lots in a row, & the extraordinary depth of 254 feet makes this an incredibly attractive land package. The story starts in the center with the original craftsman style bungalow 2-family home featuring two bedrooms on the first floor, & a spacious one bedroom upper unit, there is a full basement with separate laundry for each unit, private entries, and exits for all above grade entrances. From 1953 to 1955 the home on Laprairie gained a sibling on each side. Never wanting to mess with success, the original owner built both new properties using the same floorplan as their existing 2-family. Improving upon the existing, red brick was chosen for exteriors, garages with separate stalls and the trio was complete. Subsequent ownership through three generations (I have personally worked with all three generations) has provided a roadmap of consistent maintenance, capital improvements, long-term rental, history, and pride of ownership. Recent years have meant some newer furnaces (5), air conditioners (6), kitchens (3), bathrooms (4), wood floors (3), windows (all), appliances and decor. If the idea of a turnkey investment that has future potential beyond, what’s already there this might be the package that you’re looking for. These three are only being sold as a package. Only 552 Laprairie (Lower) and its basement may be shown prior to an accepted offer. Please do not disturb the other tenants. Showings of the other units can take place only upon receipt of an accepted offer.

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 544 Laprairie Street?

544 Laprairie Street is listed at $1,000,000, or $607 per square foot.

How many bedrooms does 544 Laprairie Street have?

This property has N/A bedrooms and 2 bathrooms, with 1,647 square feet of living space.

Ask about this property

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Phone: (313) 484-4696

Email: info@sonicrealty.com

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