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1447 Albany

Ferndale, MI 48220
  • $360,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 20261058108
UPDATED: 36 min ago
$360,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 3
    BATHS
  • 2
    1/2 BATHS
  • 1,600
    SQFT
  • $225
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1924
County:

School Ratings & Info

Description

Fully occupied two-unit bungalow offering immediate cash flor and outstanding long-term investment potential. This well-maintained property features numerous recent updates, including both furnaces (2024), roof (2023), one hot water heater (2023), and a complete gut renovated of both kitchens and all bathrooms (2018). The main unit offer 2 bedrooms, 2 full baths, 2 half-baths, while the upper unit offers 2 beds and 1 bath. Additional highlights include a full basement, a spacious backyard, and separate entrances that appeal to long-term tenants. A turnkey investment opportunity with proven rental history, conveniently located just minutes from downtown Ferndale and close to shopping, dining, parks, and major amenities.

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[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-08-13T22:52:27.197.
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1447 Albany Ferndale, MI 48220

  • Price: $360,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 36 min ago
  • MLS #: 20261058108
0
Beds
3
Baths
2
½ Baths
0.14
Acres
1,600
SQFT
$225
$/SQFT
1924
Built
Neighborhood:
Leggett Farm
County:
Oakland
Area:
Ferndale (63258)
School District:
Ferndale City School District
Property Description
Fully occupied two-unit bungalow offering immediate cash flor and outstanding long-term investment potential. This well-maintained property features numerous recent updates, including both furnaces (2024), roof (2023), one hot water heater (2023), and a complete gut renovated of both kitchens and all bathrooms (2018). The main unit offer 2 bedrooms, 2 full baths, 2 half-baths, while the upper unit offers 2 beds and 1 bath. Additional highlights include a full basement, a spacious backyard, and separate entrances that appeal to long-term tenants. A turnkey investment opportunity with proven rental history, conveniently located just minutes from downtown Ferndale and close to shopping, dining, parks, and major amenities.
Exterior Features

Exterior Construction AluminumVinyl Siding Foundation Type Basement Lot Size 50X125 Roads Paved Street Structure Style 1 1/2 Story Styles Bungalow Waterfront YN No

Interior Features

Basement Type PouredPartially Finished Basement YN No Fireplace YN No Fuel Type Natural Gas Heating System Forced Air

Property Features

Financial Terms CashConventional For Sale Or Rent For Sale Lease YN Yes Municipality Ferndale Municipality Type City Net Operating Income 25100 Ownership Private Property Type Multi-Family SEV 136050 Subject To Short Sale Approval No Summer Tax Amount 4357 Taxable Value 63350 Total Expenses 10000 Total Tax Amount 4490 Unit1 Rent Rate 1750 Water Public Water Winter Tax Amount 133 Zoning Residential

Listing courtesy of Forward Commercial Group : 248-662-5066.

Source MLS: MiRealSource
Originating MLS: Realcomp

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-08-13T22:52:27.197.
 
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