1447 Albany ST, Ferndale, MI 48220

Ferndale
Local realty services provided by:ERA Prime Real Estate Group
1447 Albany ST,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#:20261083867
Source:MI_REALCOMP

Price summary

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

About this home

Fully Occupied Two-Unit Investment | Updated & Income-Producing. An excellent opportunity to acquire a fully occupied two-unit bungalow offering immediate rental income and long-term investment potential. Both units feature separate entrances, with the main unit offering 2 bedrooms, 2 full baths and 2 half-baths, and the upper unit offering 2 bedrooms and 1 full bath. Significant capital improvements include a 2023 roof, furnaces replaced in 2020 and 2024, a 2023 hot water heater, and fully renovated kitchens and bathrooms in both units in 2018. Additional features include a full basement and spacious backyard. Conveniently located just minutes from downtown Ferndale, with easy access to shopping, dining, parks and other amenities. An income-producing investment with substantial improvements already completed. Do Not Disturb Tenants.

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Home facts

  • Year built:1924
  • Subdivision & Development:LEGGETT FARM
  • Listing ID #:20261083867
  • Added:7 day(s) ago
  • Updated:October 28, 2026 at 10:09 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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