617 Bennett Ave. Avenue, Ferndale, Michigan 48220
$225,000
Property Details
- MLS#: 20261083850
- Bedrooms: N/A
- Bathrooms: 2.5
- Square Feet: 2,259
- Price per Sqft: $100
- Lot Size: N/A
- Year Built: 1925
- Property Type: ResidentialIncome
- Transaction: For Sale
- Listing Status: Active
Tax and Assessment Information
Tax and assessment information is unavailable.
Description
Ferndale Duplex Investment | Immediate Income with Rental Upside. Excellent opportunity to acquire a fully occupied bungalow-style duplex in Ferndale with immediate rental income and the potential to increase returns through below-market in-place rents. The property features a 2-bedroom, 1-bath lower unit and a 1-bedroom, 1-bath upper unit, offering investors an opportunity to improve cash flow as rents adjust to market levels. The upper unit features an updated kitchen and bathroom, stainless steel appliances, updated cabinetry, and flooring. Additional highlights include a gas fireplace in the lower unit, basement with laundry, half bath and ample storage, fenced backyard, large rear deck, covered front porch, and detached 1.5-car garage. Conveniently located less than 1.5 miles from downtown Ferndale, with easy access to I-696, shopping, dining, and entertainment. An income-producing duplex with existing occupancy, rental upside, and desirable amenities in an established Oakland County market. Please do not disturb 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 Ave. Avenue?
617 Bennett Ave. Avenue is listed at $225,000, or $100 per square foot.
How many bedrooms does 617 Bennett Ave. Avenue have?
This property has N/A bedrooms and 2.5 bathrooms, with 2,259 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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