617 E Bennett Ave, Ferndale, MI 48220
- $225,000
- 3
- BA
- 2,259
- SqFt
- List Price
- $225,000
- MLS#
- 20261067536
- Status
- ACTIVE
- Bathrooms
- 3
- Half-baths
- 1
- Subdivision
- FRANK GRIX
Property Description
Excellent investment opportunity in Ferndale! This fully occupied bungalow-style duplex features a 2-bedroom, 1-bath lower unit and a 1-bedroom, 1-bath upper unit, providing immediate rental income with an opportunity to increase revenue through below-market in-place rents. The upper unit features an updated kitchen and bathroom, stainless steel appliances, updated cabinetry, and updated flooring. Additional property highlights include a gas fireplace in the lower unit, basement with laundry, half bath and ample storage, plus a fenced backyard, large rear deck, covered front porch, and detached 1.5-car garage. Ample parking is available in the garage, driveway, and on the street. Located less than 1.5 miles from downtown Ferndale with convenient access to I-696, the property is close to shopping, dining, entertainment, and major commuter routes. An established Oakland County location, strong rental demand, and below-market rents make this an attractive opportunity for investors seeking immediate cash flow with future upside. Please do not disturb the tenants.
Additional Information
- Year Built
- 1925
- Basement Type
- Full, Partial
- Acres
- 0.12
- Style
- Bungalow, Apartment
- Acres
- 0.12
- School District
- Ferndale
- Heating
- Forced Air, Natural Gas
- Exterior Features
- Chimney Cap(s)
- Garage Description
- Garage
Mortgage Calculator
Courtesy of Forward Commercial Group 2486625066