400 E Cambourne ST, Ferndale, MI 48220

Ferndale
Local realty services provided by:ERA Prime Real Estate Group
400 E Cambourne ST,Ferndale, MI 48220
$369,000
  • - Beds
  • 2 Baths
  • 2,000 sq. ft.
  • Multi-family
  • Active
Listed by: christopher stearns
Office: cjr realty
MLS#:20261083917
Source:MI_REALCOMP

Price summary

  • Price:$369,000
  • Price per sq. ft.:$184.5

About this home

Fully occupied 2 unit investment property. Updated and income producing from day one! This is the perfect opportunity to purchase a fully occupied large 2 unit investment property close to Downtown Ferndale! Historically keeps 100% occupancy due to the condition and proximity to downtown Ferndale for all the shops, restaurants, and nightlife! Rents can be increased to market rates for an increase in income. There is a common hallway and basement. All utilities except water are separated out. Property has been certified with Ferndale consistently as a rental. Capital improvements made by current owner are: Secure Garage to current codes (old grandfathered in large garage) Installed central AC Sewer lines upgraded to PVC House hack and live in 1 unit renting the other to cover a majority of the mortgage. Current taxes are non homestead. Please note that this property has no driveway. Do not approach property or disturb current tenants!!! Listing agent is part of the...

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Home facts

  • Year built:1929
  • Subdivision & Development:ASTONSOF KNOWLES HEIGHTS
  • Listing ID #:20261083917
  • Added:7 day(s) ago
  • Updated:October 28, 2026 at 10:09 AM

Rooms and interior

  • Total bathrooms:2
  • Full bathrooms:2
  • Basement Description:Common, Interior Entry, Private Storage Locker, Unfinished
  • Living area:2,000 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1929
  • Building area:2,000 sq. ft.
  • Lot area:0.09 Acres
  • Architectural Style:Colonial, Tudor
  • Construction Materials:Brick, Stucco
  • Foundation Description:Basement, Block
  • Levels:Two

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$369,000
  • Price per sq. ft.:$184.5
  • Tax amount:$9,645
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