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$330,000
1 Baths ⋅ 26038927 MLS ⋅ ACTIVE Status
TURN-KEY INVESTMENT OPPORTUNITY IN FERNDALE! This well-maintained duplex offers an excellent opportunity for investors and owner-occupants. The updated lower unit is vacant and ready for a new tenant (most recently rented for $1,700/month) or immediate owner occupancy. The upper unit is tenant-occupied with an active lease at $1,185/month, providing immediate rental income. The current property manager is available to continue managing the property for the new owner. Major capital improvements were completed in 2024, including a new roof, furnace, and hot water heater. The property has undergone regular preventative maintenance throughout ownership. Additional features include a spacious 2.5-car detached garage and a dry basement with lockable storage for each unit. Located just half a mile from downtown Ferndale with easy access to downtown Royal Oak and major highways, this low-maintenance property offers flexibility and long-term value in a desirable location. Buyer to verify all Lower unit is vacant. Upper unit is tenant-occupied with an active lease paying $1185/month. Tenant documents attached.

217 E Drayton Street, Ferndale
$184,900
2 Beds ⋅ 1 Baths ⋅ 26034402 MLS ⋅ ACTIVE CONTINGENT Status
Welcome to this charming home just minutes from downtown Ferndale! Beautiful original hardwood floors and abundant windows fill the home with warmth, character, and natural light. The spacious primary bedroom provides a comfortable retreat, complemented by a second bedroom and a full bathroom. The thoughtfully designed kitchen offers ample cabinet and counter space, making meal preparation both functional and enjoyable. Step outside to a large deck overlooking the generous backyard--an ideal setting for entertaining, relaxing, or hosting gatherings. The unfinished basement provides endless possibilities for additional living space, a home gym, workshop, or extra storage. Major updates include a new roof (2024) and HVAC system (2019), giving the next owners added confidence and peace of mind. Conveniently located near downtown Ferndale's restaurants, shopping, parks, and entertainment, this home offers the perfect blend of character, comfort, and opportunity.

191 University Street, Ferndale