364 W CAMBOURNE Street Open House Save Request In-Person Tour Request Virtual Tour
Ferndale,MI 48220 1704
OPEN HOUSE
Sat Jun 07, 2:00pm - 4:00pm Sun Jun 08, 1:00pm - 2:00pm
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,934 sqft
Price per Sqft $206
Subdivision Woodward Heights Sub - Ferndale
MLS Listing ID 60399604
Style 2 Story
Bedrooms 4
Full Baths 2
Abv Grd Liv Area 1,934
Year Built 1926
Annual Tax Amount $8,804
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 50.00 x 137.00
Property Sub-Type Single Family
Property Description
Prime NW Ferndale Opportunity – Live in One, Rent the Other! Located in the highly sought-after NW Ferndale neighborhood, just a few blocks from the heart of downtown, this two-unit multifamily home is the perfect opportunity for investors or owner-occupants seeking flexibility and long-term value. Both upper and lower 2 bedroom units have previously rented for around $1,700/month with the lower unit being currently owner-occupied with tenant rights. Loaded with charm & smart updates, the home features hardwood floors, thermal windows, newer downstairs appliances, both bathrooms gutted in the last 5-7 years, outdoor sprinkler system, newer furnaces and water heaters, and separate utilities (except water)—ideal for streamlined tenant management. City of Ferndale Rental Certified, with an oversized detached 2 car garage and 50' wide lot along with covered front porch & backyard paver patio...this is a rare opportunity to own a versatile, income-generating property in a premium Ferndale location with strong neighborhood appeal. This property checks all the boxes to either expand your portfolio or look for a smart way to live affordably. Can easily turn back into a single family residence if preferred! The world is your oyster with this one!
Location
State MI
County Oakland
Area Ferndale (63258)
Rooms
Basement Unfinished
Interior
Hot Water Gas
Heating Forced Air
Cooling Central A/C
Fireplaces Type LivRoom Fireplace
Exterior
Parking Features Detached Garage
Garage Spaces 2.0
Garage Yes
Building
Story 2 Story
Foundation Basement
Water Public Water
Architectural Style Bungalow
Structure Type Aluminum,Brick,Stone
Schools
School District Ferndale City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional,FHA,VA