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Pat Lotz Real Estate Group

[email protected] +1(734) 474-8713

$ 359,000

Est. payment -/mo

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421 W Troy Street Ferndale, MI 48220

2 Beds

2 Baths

1,334 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Bungalow

Listing Status Active

Purchase Type For Sale

Square Footage 1,334 sqft

Price per Sqft $269

Subdivision Elsinore

MLS Listing ID 20251020081

Style Bungalow

Bedrooms 2

Full Baths 2

Year Built 1924

Annual Tax Amount $4,376

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 45.29X114.6

Property Sub-Type Bungalow

Source Realcomp II Ltd

Property Description

Welcome to one of the best blocks in Ferndale—where charm, community, and convenience come together in a city known for its vibrant energy and eclectic spirit. Ferndale is for fun, and this fantastic multi-family property places you right in the heart of it all. Just steps from downtown, with its local shops, dining, coffeehouses, and nightlife, this home is an ideal opportunity for both savvy investors and owner-occupants alike. Both leases are up this Fall. The second floor tenant pays $1,100 and may want to renew. The property features numerous updates for modern living, including newer windows, roof, and furnace. The interiors have been freshly painted, and the lower unit's updated kitchen shines with quartz countertops and a clean, contemporary feel. Central air conditioning ensures comfort during warm summer months, while a newer front porch adds welcoming curb appeal. Whether you're looking for dual-rental income, multigenerational living, or want to convert the property into a spacious single-family home with an upstairs primary suite, this home offers versatile possibilities. The partially finished basement includes a separate room that can be used for storage, office space, or additional living area. Special added features include a carport, garden boxes, storage shed, and all appliances round out the list of thoughtful extras. Licensed as a rental with the City of Ferndale, this property is a turnkey income generator in one of Metro Detroit's most sought-after and walkable communities. Don't miss your chance to own a well-appointed, flexible-use home in a location that truly has it all. Schedule your private showing today and see how fun and functional Ferndale living can be.

Location

State MI

County Oakland

Area Ferndale

Zoning Residential

Direction S of 9 Mile | W of Woodward

Rooms

Basement Partially Finished

Interior

Interior Features Cable Available, Circuit Breakers, Laundry Facility, High Spd Internet Avail

Hot Water Natural Gas

Heating Forced Air

Cooling Central Air

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Exterior Feature Lighting, Fenced

Garage Spaces 2.0

Roof Type Asphalt

Porch Porch - Covered, Porch, Covered

Road Frontage Paved, Pub. Sidewalk

Garage yes

Private Pool No

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Bungalow

Level or Stories 1 1/2 Story

Structure Type Aluminum,Vinyl

Schools

School District Ferndale

Others

Pets Allowed Yes

Tax ID 2534104014

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Rebuilt Year 2023

Listing Terms Cash, Conventional

Financing Cash,Conventional

Listed by Nancy R Robinson of Real Broker Berkley

Pat Lotz Real Estate Group

Agent | License ID: 6501428832

+1(734) 474-8713

Pat Lotz Real Estate Group

421 W Troy Street Ferndale, MI 48220

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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421 W Troy Street