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551 E MAPLEHURST Street Ferndale, MI 48220 1382
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Key Details
Sold Price $115,000
Property Type Single Family Home
Sub Type Single Family
Listing Status Sold
Purchase Type For Sale
Square Footage 707 sqft
Price per Sqft $162
Subdivision Woodward Heights Sub No 2 - Ferndale
MLS Listing ID 40107484
Sold Date 04/14/21
Style 1 1/2 Story
Bedrooms 3
Full Baths 1
Abv Grd Liv Area 707
Year Built 1941
Annual Tax Amount $1,412
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 35.00X129.00
Property Description
LOCATION LOCATION..BETWEEN DOWNTOWN FERNDALE (WALKING DISTANCE !/4 MILE) AND PLEASANT RIDGE WITH A SPECIAL PARK..THIS HOME IS A DIAMOND IN THE ROUGH.. MANY OPTIONS AVAILABLE YOU CAN SLIP INTO FERNDALE LOW DOLLAR AND MULTIPLY YOUR INVESTMENT VERY EASILY.. THE VALUE HERE IN THIS INVESTMENT HOME LIES IN THE AFTER REPAIR VALUE ..SURVEY DONE, PLANS DRAWN, COULD BUILD TO SUIT OR FINISH OFF WITH YOUR OWN CONTRACTOR OR USE YOUR OWN PLANS. POSSIBILITY TO JUST DO DORMER(S) OR PLANS DRAWN FOR 2100 SQUARE FT REHAB SEE ATTACHED PDF.. AFTER REPAIR VALUE COULD BE A HIGH AS 400K COULD ALSO BE USED FOR AN AIR BNB WITH 4 SEPARATE UNITS 3 LEVELS?STORIES AND A LOWER LEVEL WITH EGRESS WINDOWS.. BATHROOM FEATURES TRAVERTINE AND KITCHEN CABINETS ARE SOLID WALNUT WITH LEADED GLASS.. YOUR FINISHING TOUCHES (AND PLANNING AND SWEAT EQUITY) WILL GIVE A GREAT RETURN ON YOUR INVESTMENT!! EASY LOCK BOX SHOWINGS. AGENT IS PART OWNER OF PROPERTY. SHOWINGS START 9/28/20
Location
State MI
County Oakland
Area Ferndale (63258)
Rooms
Basement Partially Finished
Interior
Hot Water Gas
Heating Forced Air
Cooling Central A/C
Fireplaces Type Gas Fireplace, LivRoom Fireplace
Appliance Dishwasher, Microwave, Refrigerator, Washer
Exterior
Waterfront No
Garage No
Building
Story 1 1/2 Story
Foundation Basement
Water Public Water
Architectural Style Bungalow, Craftsman
Structure Type Asbestos
Schools
School District Ferndale City School District
Others
Ownership Private
Assessment Amount $433
Energy Description Natural Gas,Solar
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Conventional,Exchange/Trade,FHA,VA,FHA 203K
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Bought with Helping Hands Realty, LLC