1447 Albany Street, Ferndale, MI 48220

Ferndale
Local realty services provided by:ERA Prime Real Estate Group
1447 Albany Street,Ferndale, MI 48220
$360,000
  • - Beds
  • 5 Baths
  • 2,400 sq. ft.
  • Multi-family
  • Active
Listed by: emil cherkasov, rachelle cherkasov
Office: forward commercial group
MLS#:20261058108
Source:MI_REALCOMP

Price summary

  • Price:$360,000
  • Price per sq. ft.:$150

About this home

Fully occupied two-unit bungalow offering immediate cash flow and outstanding long-term investment potential. This well-maintained property features numerous recent updates, including both furnaces (2020 & 2024), roof (2023), one hot water heater (2023), and a complete gut renovated of both kitchens and all bathrooms (2018). The main unit offer 2 bedrooms, 2 full baths, 2 half-baths, while the upper unit offers 2 beds and 1 bath. Additional highlights include a full basement, a spacious backyard, and separate entrances that appeal to long-term tenants. A turnkey investment opportunity with proven rental history, conveniently located just minutes from downtown Ferndale and close to shopping, dining, parks, and major amenities. Do Not Disturb Tenants.

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Home facts

  • Year built:1924
  • Subdivision & Development:LEGGETT FARM
  • Listing ID #:20261058108
  • Added:71 day(s) ago
  • Updated:October 07, 2026 at 10:10 AM

Rooms and interior

  • Total bathrooms:5
  • Full bathrooms:3
  • Half bathrooms:2
  • Basement Description:Full, Partially Finished
  • Living area:2,400 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1924
  • Building area:2,400 sq. ft.
  • Lot area:0.14 Acres
  • Architectural Style:Bungalow, Upper Lower Apartment
  • Construction Materials:Aluminum Siding, Vinyl Siding
  • Foundation Description:Basement, Poured

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$360,000
  • Price per sq. ft.:$150
  • Tax amount:$4,490
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