425 Vester Street, Ferndale, Michigan, 48220

$619,000

Property Details

MLS#: 20261073555
Bedrooms: N/A
Bathrooms: 4
Square Feet: 2,773
Price per Sqft: $223
Lot Size: N/A
Year Built: 1916
Property Type: ResidentialIncome
Status: Active

Tax and Assessment Information

Assessment evidence unavailable.

Description

The investment opportunity of the year is here! Located in the heart of Ferndale, surrounded by exciting new development, this fully updated four-unit multifamily property offers exceptional income potential and turnkey appeal. The property features two upper units, each offering 2 bedrooms and 1 full bathroom, along with two lower units, each offering 1 bedroom and 1 full bathroom. Every unit has been updated with high-end finishes throughout. One unit is currently rented for $1,600 per month, with projected total rental income of approximately $6,700 per month. Also includes a coin operated washer and dryer used by all tenants. Whether you are looking to add a strong income-producing asset to your portfolio or begin your investment journey, this is an opportunity you will not want to miss. Schedule your private showing today!

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 425 Vester Street?

425 Vester Street is listed at $619,000, or $223 per square foot.

How many bedrooms does 425 Vester Street have?

This property has N/A bedrooms and 4 bathrooms, with 2,773 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) 484-4696

Email: info@sonicrealty.com

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