617 E Bennett AVE, Ferndale, MI 48220
617 E Bennett AVE, Ferndale, MI 48220
617 E Bennett AVE, Ferndale, MI 48220
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$225,000
3 Baths
1,559 SqFt
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Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Rent

Square Footage 1,559 sqft

Subdivision Frank Grix

MLS Listing ID 20261067536

Style Bungalow, Upper Lower Apartment

Full Baths 2

Half Baths 1

Year Built 1925

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type MultiFamily

Property Description

Excellent investment opportunity in Ferndale! This fully occupied bungalow-style duplex features a 2-bedroom, 1-bath lower unit and a 1-bedroom, 1-bath upper unit, providing immediate rental income with an opportunity to increase revenue through below-market in-place rents.

The upper unit features an updated kitchen and bathroom, stainless steel appliances, updated cabinetry, and updated flooring. Additional property highlights include a gas fireplace in the lower unit, basement with laundry, half bath and ample storage, plus a fenced backyard, large rear deck, covered front porch, and detached 1.5-car garage. Ample parking is available in the garage, driveway, and on the street.

Located less than 1.5 miles from downtown Ferndale with convenient access to I-696, the property is close to shopping, dining, entertainment, and major commuter routes. An established Oakland County location, strong rental demand, and below-market rents make this an attractive opportunity for investors seeking immediate cash flow with future upside.

Please do not disturb the tenants.

Location

State MI

County Oakland

Area Area02258Ferndale

Rooms

Basement Full, Partially Finished

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Exterior Feature ChimneyCaps

Parking Features Garage

Pool None

View Y/N No

Roof Type Composition

Garage true

Building

Foundation Basement, Poured

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Ferndale

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Call


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Realcomp MLS
Listed by Emil Cherkasov of Forward Commercial Group

NEARBY SCHOOL & BUSINESS

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Zaid Kassab

Zaid Kassab

+1(248) 775-5055

Agent License ID: 6501416571

Agent License ID: 6501416571

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