400 Cambourne Street, Ferndale, Michigan 48220
$375,000
Property Details
- MLS#: 20261083917
- Bedrooms: N/A
- Bathrooms: 2
- Square Feet: 2,000
- Price per Sqft: $188
- Lot Size: N/A
- Year Built: 1929
- Property Type: ResidentialIncome
- Transaction: For Sale
- Listing Status: Active
Tax and Assessment Information
Tax and assessment information is unavailable.
Description
Fully occupied 2 unit investment property. Updated and income producing from day one! This is the perfect opportunity to purchase a fully occupied large 2 unit investment property close to Downtown Ferndale! Historically keeps 100% occupancy due to the condition and proximity to downtown Ferndale for all the shops, restaurants, and nightlife! Rents can be increased to market rates for an increase in income. There is a common hallway and basement. All utilities except water are separated out. Property has been certified with Ferndale consistently as a rental. Capital improvements made by current owner are: Secure Garage to current codes (old grandfathered in large garage) Installed central AC Sewer lines upgraded to PVC House hack and live in 1 unit renting the other to cover a majority of the mortgage. Current taxes are non homestead. Please note that this property has no driveway. Do not approach property or disturb current tenants!!! Listing agent is part of the ownership of listing.
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 400 Cambourne Street?
400 Cambourne Street is listed at $375,000, or $188 per square foot.
How many bedrooms does 400 Cambourne Street have?
This property has N/A bedrooms and 2 bathrooms, with 2,000 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
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