425 Vester St

Ferndale, MI 48220
  • $619,000

    Price
  • 6

    Bed
  • 4

    Bath
  • 2,773

    SqFt
  • 0.13

    Acre

About the Listing 416803 - 403947,435036

The investment opportunity of the year is here! Located in the heart of Ferndale, surrounded by exciting new development, this fully updated four-unit multifamily property offers exceptional income potential and turnkey appeal. The property features two upper units, each offering 2 bedrooms and 1 full bathroom, along with two lower units, each offering 1 bedroom and 1 full bathroom. Every unit has been updated with high-end finishes throughout. One unit is currently rented for $1,600 per month, with projected total rental income of approximately $6,700 per month. Also includes a coin operated washer and dryer used by all tenants. Whether you are looking to add a strong income-producing asset to your portfolio or begin your investment journey, this is an opportunity you will not want to miss. Schedule your private showing today!

Listing Highlights

Status Active
Days on Site 17
Property Type Multi-Family
MLS ® 20261073555
Year Built 1916
Total Square Footage 2,773
Lot/Acreage 0.13
County Oakland
Neighborhood Urbanrest
School District Ferndale

Interior Details

  • Bedrooms: 6
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air,Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 1866
  • Below Ground Sq Ft: 907
  • Basement: Finished
  • Other: 3 Story,Forced Air
  • Water: Public (Municipal)

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 55x105
  • Zoning: Multi-Family
  • Roof:
  • Others: Vinyl,Wood,Paved
  • Sewer: Sewer (Sewer-Sanitary)

Financial Details

  • Tax Amount: $11,640
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 2527487016
  • Tax Year: N/A

Payment Calculator

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425 Vester St Ferndale, MI 48220

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Originating MLS: Realcomp II Ltd

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Terri Fenelon

Realtor/Associate Broker | Terri Fenelon Real Estate Group | Real Broker, LLC

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