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Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,765 sqft
Price per Sqft $226
Subdivision Mi
MLS Listing ID 60204273
Sold Date 07/28/23
Style 2 Story
Full Baths 2
Year Built 1927
Annual Tax Amount $10,414
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 50.00 x 117.00
Property Description
Rare duplex in highly desirable Pleasant Ridge for sale! This home was built as a multifamily and was not converted into a duplex later on like most comps. Both units are 2 bedrooms with 1 full bath. They have a formal dining room, great size living room and lovely updated kitchens! All renovations were completed in 2021, including but not limited to; brand new kitchens x2, new appliances, bathroom upgrades, new LVP flooring in lower unit bedrooms, exposed real hardwood flooring throughout both units, new porch railing and front porch lighting, etc. Both units are occupied with cash flowing tenants and up to date leases. Rental permit is current. See agent notes and MLS ticket for more information on rental rates and NOI. 871 square foot shared basement includes laundry facilities and storage. 2 car detached garage. Yard is partially fenced. Low maintenance vinyl siding and lovely curb appeal. Tenants enjoy the amenities Pleasant Ridge has to offer; Public pool, gym, walking trials and minutes to downtown Ferndale! Make this duplex the next addition to your rental portfolio today!
Location
State MI
County Oakland
Area Pleasant Ridge (63256)
Zoning Multi-Family
Rooms
Basement Block
Interior
Heating Forced Air
Cooling Central A/C
Fireplace No
Exterior
Exterior Feature Vinyl Siding
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Vinyl Siding
Schools
School District Ferndale City School District
Others
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional,FHA,VA
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Bought with LPS