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1611 W 9 MILE Road Ferndale, MI 48220 3164
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Key Details
Sold Price $446,200
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,832 sqft
Price per Sqft $157
Subdivision Mi
MLS Listing ID 40142650
Sold Date 03/22/21
Style 1 Story
Full Baths 5
Year Built 1957
Annual Tax Amount $6,991
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 50X181
Property Description
Amazing opportunity to own a completely rehabbed 5 unit brick apartment building in Ferndale! Each unit features new appliances, cabinets, granite, paint and floors. New boiler. New roof - 2014. Newly landscaped. Rental certificate in place. Units currently vacant so no inherited tenants. Common utility room on site features coin operated laundry. Selling along with 2 unit duplex next door (1627 W 9 Mile - MLS #2210002508) which is zoned "MXD-2" allowing you to expand upon the land and develop an additional 4 units. Potential to have an 11 unit property in Ferndale if you acquire both properties! Perfect opportunity for the right investor!
Location
State MI
County Oakland
Area Ferndale (63258)
Zoning Commercial
Rooms
Basement Poured
Interior
Heating Baseboard, Hot Water
Exterior
Exterior Feature Brick
Amenities Available Laundry Facility, Private Entry
Waterfront No
Building
Story 1 Story
Foundation Slab
Water Public Water
Structure Type Brick
Schools
School District Ferndale City School District
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Conventional,FHA,VA
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with LPS
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