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Street View
$360,000
Monthly Est:$1,792
-- Bed
5 Baths3 full baths + 2 half baths
2,400sqft
1447 Albany St, Ferndale, MI 48220
$360,000
$1,792/moEst:
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Multi Family
Built in 1924
$-- HOA
0.14 acre lot
$150/sq.ft
Description
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.
- Houzeo last checked: 8 minutes ago
- Listing updated: October 16, 2026 at 10:00 am
- Listing Provided by: Emil Cherkasov (248) 662-5066 , Rachelle Cherkasov | Forward Commercial Group (248) 662-5066
- Source: Realcomp MLS-MI | MLS#: 20261083867
- Originating MLS: Realcomp II Ltd
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1924
HOA Fees
-
Finished Area
2,400 sqft
Lot Size
0.14 acre lot
Basement Area
- sqft
MLS Name
Realcomp MLS
MLS Number
20261083867
MLS Status
Active
Days on Market
16
Cumulative Days on Market
81
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathrooms: 5
Interior
Heating
Forced Air, Natural Gas
Sewer
Public Sewer
Construction
Year Built
Year Built: 1924
Home type
Multi Family
Architectural Style
Bungalow, Upper Lower Apartment
Foundation Details
Basement, Poured
Construction Materials
Aluminum Siding, Vinyl Siding
Utilities & Energy
Water Source
Public
Basement
Full, Partially Finished
Pool Features
None
Other Features
Subdivision Name
Leggett Farm
Disclosures
Actual Income, Taxes Not Homestead Exempt
Price History
| Date | Event | Price |
|---|---|---|
10/15/2026 Source: | Off Market | $360,000 $219/sqft |
10/15/2026 Source: | Listing Removed | $360,000 $219/sqft |
10/15/2026 Source: | Listed for Sale | $360,000 +15900.00% $219/sqft |
09/30/2013 Source: #A1816901 | Off Market | $2,250 $1/sqft |
09/30/2013 Source: #A1816901 | Sold | $2,250 $1/sqft |
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Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Oct 31, 2026, 07:15PM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. © 2024 Realcomp II Ltd. MLS. All Rights Reserved.
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