Exciting opportunity to own a multi-family in ferndale. This extra large lot located on 9 mile Rd is the most exciting place in ferndale. You have the possibility to expand to more units or you can make it as quiet and cozy as u want it to be. Come see this property and bring a buyer or looking to increase your rental portfolio. Great Opportunity!!!
Property Details
Property Features
Property Information:
Architectural Style: Other, Upper/Lower Apartment
Year Built: 1930
Stories: 2
Living Area: 1,204 SqFt
Listing Office:
Office Name: Kenneth L Emerson Real Estate
Office Phone: (313) 218-9251
Listing Agent: Edwin Roundtree
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Partial Bathrooms: 3
Full Bathrooms: 2
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot Size: 0.18 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Forced 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: WEST
Price Details
Listing Price Info
Price Summary:
List Price: $239,000
Price Per SqFt: $199/SqFt
Tax Information:
Annual Amount: $7,308
Tax Year: 2021
What can I afford?
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Housing Market Comparison
See how this home compares to others in Ferndale, MI.
This property is $1K less than the Median Sold Price and $23/SqFt less 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: #20230020130
Listing Office:
Office Name: Kenneth L Emerson Real Estate
Office Phone: (313) 218-9251
Listing Agent: Edwin Roundtree
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The neighbors living near this home have an average income of $53,000. Most Ferndale, MI residents have annual incomes less than $35k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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This home is located at 1525 W 9 Mile Rd in Ferndale, MI and zip code 48220. This 1,204 square foot home, which was built in 1930, sits on a 0.18 acre lot. Features: 5 bathrooms. It has been listed on Rocket Homes since March 19, 2023 and is currently priced at $239,000.
While more than 6 listings in Ferndale, MI in February 2023 were sold above asking price, there were more than 12 listings sold at asking price, and more than 12 were sold below. Between January 2023 and February 2023, Ferndale, MI real estate market has seen decrease in the number of listings by 14.4%. The median list price of listings available in February 2023 was $240,000, while the average time on the real estate market was 84 days.
From Rocket Homes Real Estate and based on county public records data.