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364 W CAMBOURNE Street Ferndale, MI 48220
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Key Details
Sold Price $435,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Ferndale City
MLS Listing ID 20250034995
Year Built 1926
Annual Tax Amount $8,804
Lot Size 6,969 Sqft
Property Description
Best offers due by Monday 6/9 @ 10am. Prime NW Ferndale Multifamily 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.
Location
State MI
County Oakland
Area Oakland County - 70
Zoning Residential
Interior
Heating Forced Air
Cooling Central Air
Exterior
View Y/N No
Building
Sewer Public
Water Public
Structure Type Aluminum Siding,Brick,Stone
Schools
School District Ferndale
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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