242 W Webster Street, Ferndale, MI 48220 - MLS#20251024095

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Wed

Oct

Thu

Oct

Fri

Oct

Jason Miller

jason@millerteamrealtors.com +1(248) 444-8774

$427,500

Est. payment - /mo

2 Beds

2 Baths

1,860 SqFt

Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Colonial,Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,860 sqft

Price per Sqft $229

Subdivision Adolph Slomans Woodward Blvd

MLS Listing ID 20251024095

Style Colonial,Duplex

Bedrooms 2

Full Baths 2

Year Built 1926

Annual Tax Amount $13,896

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 35X122

Property Sub-Type Colonial,Duplex

Source Realcomp II Ltd

Property Description

Fully renovated duplex in the heart of Ferndale, just minutes from downtown. Both units feature private balconies (upper and lower), quartz countertops, modern stainless steel appliances and full private basement with in unit laundry. A 2 car garage and updated mechanicals (furnace, AC, and plumbing -all within last 5yrs) add to value. Excellent income producing property generating $46,000+ annually. The first floor unit is set up as a short term rental (Airbnb) with 100% occupancy for the last 2 years, averaging $2,300/ month. The second floor unit is currently leased at $1,930/month with a consistent 2+ year rental history. Perfect for investors, house-hackers or owner-occupants looking to offset their mortgage. Don't miss this turnkey opportunity in one of Metro Detroit's hottest rental markets! Owner is a licensed agent.

Location

State MI

County Oakland

Area Ferndale

Zoning Residential

Direction West On Webster Off Of Woodward

Rooms

Basement Unfinished, Private

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Road Frontage Paved

Garage no

Private Pool No

Building

Foundation Basement

Sewer Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Colonial, Duplex

Level or Stories 2 Story

Structure Type Brick

Schools

School District Ferndale

Others

Pets Allowed Yes

Tax ID 2534452047

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Read Less Info

Listed by Wendi L Miller of Good Company

Get More Information

Jason Miller

+1(248) 444-8774

Broker | Brerms:277398

Broker Brerms:277398

Quick Search

242 W Webster Street Ferndale, MI 48220

Jason Miller

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Get More Information