518 E Troy Street new

Ferndale,MI 48220

$ 270000

2 Beds

2 Baths

1494 SqFt


Key Details

Property Type Multi-Family

Sub Type Bungalow,Craftsman

Listing Status Active

Purchase Type For Sale

Square Footage 1,494 sqft

Price per Sqft $180

Subdivision The Little Farms

MLS Listing ID 20251028932

Style Bungalow,Craftsman

Bedrooms 2

Full Baths 2

Year Built 1949

Annual Tax Amount $3,174

Lot Size 3,484 Sqft

Property Sub-Type Bungalow,Craftsman

Property Description

Turn-key and low-maintenance, this beautifully updated Ferndale duplex is just steps from Nine Mile in the heart of downtown. Completely redone from the studs in 2015, the property has been well maintained and offers both charm and functionality. A covered front porch adds curb appeal, while inside you'll find two distinct units: the lower level features two bedrooms with a dedicated dining room, and the upper unit includes a large, comfortable living room and one bedroom. Both units are occupied by long-term tenants with leases secured through March & June. The shared basement offers laundry, storage, and has been professionally waterproofed with a transferable 20-year warranty. Outside you'll find ample parking and a fenced yard. Rental certified and nothing left to do, this is an excellent opportunity for a first-time investor or a seasoned buyer looking to add a dependable property to their portfolio.

24 hour notice required to show. Showings will be Saturday & Sunday, August 23rd & 24th.

Location

State MI

County Oakland

Area Ferndale

Zoning Residential

Interior

Hot Water Natural Gas

Heating Forced Air

Laundry 1

Exterior

Exterior Feature Private Entry,Fenced

Roof Type Asphalt

Building

Foundation Basement

Sewer Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Vinyl

Schools

School District Ferndale

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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