364 W CAMBOURNE Street Open House Save Request In-Person Tour Request Virtual Tour
Ferndale,MI 48220
OPEN HOUSE
Sat Jun 07, 2:00pm - 4:00pm Sun Jun 08, 1:00pm - 2:00pm
Key Details
Property Type Single Family Home
Sub Type Bungalow
Listing Status Active
Purchase Type For Sale
Square Footage 1,934 sqft
Price per Sqft $206
Subdivision Woodward Heights Sub - Ferndale
MLS Listing ID 20250035497
Style Bungalow
Bedrooms 4
Full Baths 2
HOA Y/N no
Year Built 1926
Annual Tax Amount $8,804
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 50.00 x 137.00
Property Sub-Type Bungalow
Source Realcomp II Ltd
Property Description
Prime NW Ferndale Opportunity – Live in One, Rent the Other!
Located in the highly sought-after NW Ferndale neighborhood, just a few blocks from the heart of downtown, this two-unit multifamily home is the perfect opportunity for investors or owner-occupants seeking flexibility and long-term value. Both upper and lower 2 bedroom units have previously rented for around $1,700/month with the lower unit being currently owner-occupied with tenant rights. Loaded with charm & smart updates, the home features hardwood floors, thermal windows, newer downstairs appliances, both bathrooms gutted in the last 5-7 years, outdoor sprinkler system, newer furnaces and water heaters, and separate utilities (except water)—ideal for streamlined tenant management. City of Ferndale Rental Certified, with an oversized detached 2 car garage and 50' wide lot along with covered front porch & backyard paver patio...this is a rare opportunity to own a versatile, income-generating property in a premium Ferndale location with strong neighborhood appeal. This property checks all the boxes to either expand your portfolio or look for a smart way to live affordably. Can easily turn back into a single family residence if preferred! The world is your oyster with this one!
Location
State MI
County Oakland
Area Ferndale
Direction Woodward to W Cambourne to House
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central Air
Fireplace yes
Heat Source Natural Gas
Laundry 1
Exterior
Exterior Feature Lighting,Fenced
Parking Features Detached
Garage Description 2 Car
Fence Back Yard,Fenced
Roof Type Asphalt
Porch Porch - Covered,Patio,Porch,Patio - Covered,Covered
Road Frontage Paved
Garage yes
Building
Lot Description Level
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Bungalow
Warranty No
Level or Stories 2 Story
Structure Type Aluminum,Brick,Stone
Schools
School District Ferndale
Others
Tax ID 2527351034
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash,Conventional,FHA,VA
Listing Terms Cash,Conventional,FHA,VA
Financing Cash,Conventional,FHA,VA