425 Vester Street, Ferndale, MI 48220
- $619,000
- 4
- BA
- List Price
- $619,000
- Days on Market
- 0
- MLS#
- 20261073555
- Status
- ACTIVE
- Type
- Multifamily
- Bathrooms
- 4
Property Description
The investment opportunity of the year is here! Located in the heart of Ferndale, surrounded by exciting new development, this fully updated four-unit multifamily property offers exceptional income potential and turnkey appeal. The property features two upper units, each offering 2 bedrooms and 1 full bathroom, along with two lower units, each offering 1 bedroom and 1 full bathroom. Every unit has been updated with high-end finishes throughout. One unit is currently rented for $1,600 per month, with projected total rental income of approximately $6,700 per month. Also includes a coin operated washer and dryer used by all tenants. Whether you are looking to add a strong income-producing asset to your portfolio or begin your investment journey, this is an opportunity you will not want to miss. Schedule your private showing today!
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Additional Information
- Taxes
- $11,640
- Acres
- 0.13
- Heating
- Forced Air
- School District
- Ferndale
- Water
- Public
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Listing courtesy of Listing Agent: Nick Jaafar from Listing Office: Keller Williams Legacy.
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