$265,000
$274,900
3.6%For more information regarding the value of a property, please contact us for a free consultation.
524 E Drayton ST Ferndale, MI 48220
2 Beds
2 Baths
1,818 SqFt
Key Details
Sold Price $265,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,818 sqft
Price per Sqft $145
Subdivision Woodward Hts
MLS Listing ID 219048338
Sold Date 07/19/19
Style Duplex
Bedrooms 2
Full Baths 2
Year Built 1928
Annual Tax Amount $3,849
Lot Dimensions 35x129x35x129
Property Sub-Type Duplex
Source Realcomp II Ltd
Property Description
Investment, Location, Character, this is a rare find. Great opportunity to own this duplex 100% rented. One long term renter and the other unit just rented on a 2 year lease. Low maintenance all brick building. Walkable to downtown Ferndale and close to Royal Oak. Clean, and well maintain by the same owner for 20+ years. Landlord has maintained proper rental permits form city of Ferndale. Two-2BR,1BA units with 3 off street parking spots. Upper unit is occupied tenant has been there since 2012 lease runs to 4/2020. Lower Unit will be occupied by 7/15/2019 for $1200 and lease runs until 7/15/2021. Tenants pay all utilities.
Location
State MI
County Oakland
Area Ferndale
Zoning Multiple
Direction North on Woodward from 9 Mile East on Drayton
Rooms
Basement Interior Access Only, Private Storage Locker, Unfinished
Interior
Interior Features Cable Available, High Spd Internet Avail, Laundry Facility, Programmable Thermostat
Hot Water Natural Gas
Heating Forced Air
Cooling Window Unit(s)
Fireplace no
Heat Source Natural Gas
Exterior
Exterior Feature Fenced
Garage Spaces 3.0
Roof Type Asphalt
Porch Balcony, Patio, Porch - Covered
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Septic-Existing, Sewer at Street
Water Municipal Water, Water at Street
Architectural Style Duplex
Level or Stories 2 Story
Structure Type Brick
Schools
School District Ferndale
Others
Pets Allowed Yes
Tax ID 2527402004
Ownership Private Owned,Short Sale - No
SqFt Source PRD
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
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Bought with O & Smythe