Discover the future of living and investing—a seamlessly blended residential and commercial opportunity tailored for the ambitious young professional or savvy investor. This unique multi-unit property not only offers stylish, modern living spaces but also features mixed-use zoning, allowing you to dream big and diversify your investment portfolio. Whether you envision a bustling storefront, a chic salon, a Law Office, a Boutique Hotel, a profitable Airbnb venture, or a mixture of all - this property is your canvas. A one-of-a-kind investment breathing new meaning into the phrase Live-Work-Play. Seize the opportunity to shape your future in a place where lifestyle meets opportunity. This property is not just a building; it’s a gateway to a life of entrepreneurial freedom and residential bliss in one of the most spirited neighborhoods in Michigan. Engage with a property that will grow with your ambitions. Schedule your visit today and explore how your vision can turn into reality. Comprehensive marketing package available - Please reach out. BATVAI.
Property Details
Property Features
Property Information:
Architectural Style: Triplex, Traditional
Year Built: 1942
Stories: 2
Living Area: 3,186 SqFt
Listing Office:
Office Name: KW Metro
Office Phone: (248) 288-3500
Listing Agent: Alina Valentine
Interior Features
Interior Information:
Basement: Yes
Interior: Laundry Facility
Bedroom and Bathroom Information:
Full Bathrooms: 5
Exterior Features
Exterior Information:
Private Pool: No
Exterior: Private Entry
Parking Information:
Parking: Garages, Assigned Spaces, On Street
Lot Features
Lot Information:
Lot Size: 0.10 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
Cooling: Central Air
School Info
Assigned Schools Information:
Ferndale High School, Public District Grades 9-12
Ferndale Middle School, Public District Grades 6-8
John F. Kennedy Elementary School, Public Magnet Grades 3-5
Other
Directions Information:
Directions: N of 8 Mile Rd. & W of Woodward Ave
Price Information
Listing Price Info
Price Summary:
List Price: $1,299,900
Price Per SqFt: $408/SqFt
Tax Information:
Annual Amount: $6,187
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Ferndale, MI.
This property is $1.0M more than the Median Sold Price and $171/SqFt more than other homes in Ferndale, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240030666
Listing Office:
Office Name: KW Metro
Office Phone: (248) 288-3500
Listing Agent: Alina Valentine
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
John F. Kennedy Elementary School
24220 Rosewood St
Distance between this listing and this school1.58 miles
Public Magnet Grades 3-5
Middle School
2
/10
Ferndale Middle School
725 Pinecrest Dr
Distance between this listing and this school0.23 miles
Public District Grades 6-8
High School
5
/10
Ferndale High School
881 Pinecrest Dr
Distance between this listing and this school0.32 miles
Public District Grades 9-12
Assigned Schools
3
/10
John F. Kennedy Elementary School
24220 Rosewood St
Distance between this listing and this school1.58 miles
Public Magnet Grades 3-5
Nearby Schools
1
/10
Key Elementary School
23400 Jerome St
Distance between this listing and this school1.79 miles
Public District Grades PK-6
2
/10
Einstein Elementary School
14001 Northend Ave
Distance between this listing and this school2.26 miles
Public District Grades PK-6
Assigned Schools
2
/10
Ferndale Middle School
725 Pinecrest Dr
Distance between this listing and this school0.23 miles
Public District Grades 6-8
Nearby Schools
1
/10
International Preparatory Academy - Macdowell Camp
4201 W Outer Dr
Distance between this listing and this school1.71 miles
Public Charter Grades PK-8
1
/10
Oak Park Preparatory Academy
23261 Scotia Rd
Distance between this listing and this school1.77 miles
Public District Grades 7-8
Assigned Schools
5
/10
Ferndale High School
881 Pinecrest Dr
Distance between this listing and this school0.32 miles
Public District Grades 9-12
Nearby Schools
1
/10
Digital Learning Center
427 Allen St
Distance between this listing and this school0.33 miles
Public District Grades 9-12
4
/10
University High School
1244 Paxton St
Distance between this listing and this school0.89 miles
The neighbors living near this home have an average income of $63,622. Typical income of Ferndale, MI residents is between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.
This home is located at 695 Livernois St in Ferndale, MI and zip code 48220. This 3,186 square foot home, which was built in 1942, sits on a 0.10 acre lot. Features: 5 bathrooms. It has been listed on Rocket Homes since May 15, 2024 and is currently priced at $1,299,900.
In April 2024, from all listings sold in Ferndale, MI there were more than 22 sold above asking price, over 9 sold below and more than 8 were sold right at the asked price. Between March 2024 and April 2024, Ferndale, MI real estate market has seen increase in the number of listings by 24.2%. In April 2024 median list price was $245,000 and the average listing age was 14 days.
From Rocket Homes Real Estate and based on county public records data.