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590 E LEWISTON Avenue Ferndale, MI 48220 1364
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Key Details
Sold Price $1,300,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 9,038 sqft
Price per Sqft $143
Subdivision Mi
MLS Listing ID 40191987
Sold Date 10/04/21
Style 2 Story
Full Baths 10
Year Built 1957
Annual Tax Amount $16,528
Lot Size 0.300 Acres
Acres 0.3
Lot Dimensions 100.00X131.00
Property Description
Call for offers due July 2nd. 10 unit apartment building in highly appreciating Ferndale! Sellers have proven value add through renovating 5 of the units to increase rent significantly. Still 5 units remaining which leave a lot of value for the buyer. Property is extremely clean and well maintained/managed. Management in place could be transferred to the buyer. Multiple offers received. Showings only allowed after accepted LOI or Purchase Agreement. Agent has ownership interest in the property.
Location
State MI
County Oakland
Area Ferndale (63258)
Zoning Multi-Family
Rooms
Basement Block, Common
Interior
Interior Features Cable/Internet Avail., DSL Available
Heating Forced Air
Cooling Wall/Window A/C
Exterior
Exterior Feature Brick, Other
Amenities Available Laundry Facility
Waterfront No
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick,Other
Schools
School District Ferndale City School District
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional
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Bought with LPS