$235,000
bedrooms
3
bathrooms
1
square feet
1,053
Acreage
0.1
Open Houses
-
year built
1958
Full Baths
1
Half Baths
0
Investment Property: Turnkey Rental Home
Seize this incredible opportunity to own a rental property in the vibrant community of Ferndale, Michigan. This 1,053 sqft home, currently occupied by reliable tenants paying $1,720 per month, ensures immediate income and a hassle-free investment.
Property Features:
The home has a spacious and inviting living area with an enclosed contemporary kitchen with granite countertops and plenty of cabinet space.
There are three comfortable bedrooms, each offering ample space and natural light.
The full bathroom has been beautifully updated and features modern fixtures and finishes.
All appliances are included.
A generous backyard ideal for outdoor activities, gardening, or future enhancements. Parking: Convenient off-street parking is available.
Investment Highlights:
Current Lease: Tenants paying $1,720 per month, providing immediate cash flow.
Updated Interior: Recent updates to the bathroom and kitchen make this home appealing and move-in ready. All drain pipes including under slab and to street have been replaced with PVC in 2020. New flooring throughout at that time.
Steady Income: Consistent rental payments ensure a stable return on your investment.
Future Growth: The property's location in the growing Ferndale area promises potential for appreciation and increased rental demand.
Don't miss out on this exceptional investment opportunity. Contact us today to schedule a viewing and secure your future income.
Location | |
Subdivision | - |
County | Oakland |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 25007436
Listing agent:
Katrin Schniedertoens
Listing broker:
Kw Professionals
(734) 788-1332
Copyright © 2025 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Saturday, March 1 2025 at 9:22 p.m. EST
Kotohomes National
Other listings you might be interested in
$237,900
3 Bed •
1 Bath •
1,146 ft²
591 SPENCER Street
Ferndale, MI 48220
$234,900
3 Bed •
1 Bath •
993 ft²
26730 RIALTO Street
Madison Heights, MI 48071
$219,900
3 Bed •
1 Bath •
1,036 ft²
2501 Barrett Avenue
Royal Oak, MI 48067
$240,000
3 Bed •
1 Bath •
964 ft²
21373 Reimanville
Ferndale, MI 48220
$209,900
3 Bed •
1 Bath •
1,000 ft²
23369 HUGHES Avenue
Hazel Park, MI 48030
$216,500
3 Bed •
1 Bath •
988 ft²
24146 Blackmar Avenue
Warren, MI 48091
$199,000
3 Bed •
1 Bath •
936 ft²
1740 Garfield
Ferndale, MI 48220
$200,000
3 Bed •
1 Bath •
1,000 ft²
1313 E Goulson Avenue
Hazel Park, MI 48030
$189,900
3 Bed •
1 Bath •
1,137 ft²
631 SPENCER Street
Ferndale, MI 48220
$259,900
3 Bed •
1 Bath •
1,139 ft²
29012 RED MAPLE Drive
Warren, MI 48092
$200,000
3 Bed •
1 Bath •
941 ft²
826 E 10 MILE Road
Ferndale, MI 48220
$270,000
3 Bed •
1 Bath •
1,125 ft²
606 OAKLAND Avenue
Royal Oak, MI 48067