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Sold for $150,000 Sold

270 E Woodland Street
Ferndale, MI 48220

2 units | Multi Family Home
5227 sq ft - MLS# 215118010
Property Photo
1/23

Sold

Sold for $150,000 on Dec 18, 2015

Description

Opportunity knocks! Vintage 1922 income Bungalow in North Ferndale within easy walk to all downtown festivals, restaurants, and entertainment. Two bedroom lower unit (currently vacant) and one bedroom upper unit (currently month to month at $535.00/month). Both units have private entry. Covered front porch and enclosed porch/balcony on second floor. New roof in 2010 (tear off). GFA furnace 2002, city rental license valid through 11/01/17. Same owner since 1966. Simple improvements could mean significantly higher rents. Ideal for owner occupant or investor. Make Home Here.

Features

  • Zoning: Residential
  • Sqft Total Bsmt: 917
  • Sqft Source: Prd
  • Sqft Combined: 1506
  • Sq.Ft.: 1506
  • Sewer: Sewer-Sanitary
  • School District: Ferndale
  • Roof Material: Asphalt
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Rent Includes: Heat, Water/Sewer
  • Property Type: Multi Family Home
  • Style: Upper/Lower Apartment
  • Sub Type: Multi Family Home
  • Zip Code: 48220
  • Year Built: 1922
  • Water Source: Municipal Water
  • Water Heater Fuel: Common
  • Units: 2
  • Unit Two Bed Number Of: 1
  • Unit One Bed Number Of: 1
  • Total Baths: 2.00
  • Subdivision/Neighborhood: Woodward Heights Sub No 2 - Ferndale
  • Subdivision: Woodward Heights Sub No 2 - Ferndale
  • Porch Type: Balcony, Porch - Covered
  • Parking: Paved
  • Ownership Status: Private Owned, Short Sale - No
  • Frontage Feet: 40
  • Foundation Materials: Block
  • Foundation Details: Basement
  • Exterior Features: Fenced, Outside Lighting, Private Entry
  • County/Area: Oakland County
  • Cooling: Ceiling Fan
  • Construction Materials: Cedar
  • Conforms To Zoning: Unknown
  • Baths (full): 2
  • Basement: Common
  • Gross Scheduled Income: 6420.00
  • Heating: Forced Air
  • Number Of Units Leased: 1
  • Net Operating Income: 5520.00
  • Monthly Rental Income: 535
  • Lot SqFt: 5227.2
  • Lot Size Dimensions: 40x129
  • Listing Status: Active
  • Listing Financing: Cash, Conventional
  • Interior Features: Cable Available
  • Income Projection: Actual
  • Heating Fuel: Gas
  • Architecture Level: 1 1/2 Story

Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.

Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.

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