212 Ardmore Dr, Ferndale, MI 48220

Description

Rare Triplex Opportunity on Ardmore – High-Yield Income Property! Investors and house-hackers take note! This incredibly rare, fully designated 3-unit multi-family property on Ardmore offers exceptional value, immediate cash flow, and high-ticket updates in one of Ferndale’s most demand-driven rental markets. The property boasts a versatile three-unit layout: Lower Unit 1: A comfortable, spacious 1-bedroom, 1-bathroom apartment. Lower Unit 2: A smart, efficient studio apartment—highly sought after for affordable Ferndale living. Upper Unit: A bright, private 1-bedroom, 1-bathroom apartment. Premium Upgrades & Tenant Amenities:
The seller has invested heavily in low-maintenance, high-value improvements that will protect your investment for years to come: New HVAC & Water Heater. New Driveway leading to designated off-street parking behind the property for each unit (a massive premium in Ferndale!). Designated Private Outdoor Spaces for every single unit, allowing tenants their own place to relax and grill. Shared Laundry Facilities conveniently located in the basement. Current Status: Two units are currently occupied with stable, month-to-month rental agreements, offering immediate income on day one with the flexibility to adjust to market rents or move into the vacant unit yourself. Located just steps from the best shopping, dining, and nightlife Ferndale has to offer. Don't miss this incredible addition