617 E Bennett AVE, Ferndale, MI 48220
617 E Bennett AVE, Ferndale, MI 48220
617 E Bennett AVE, Ferndale, MI 48220
12
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$250,000
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3 Baths
1,559 SqFt
New

617 E Bennett AVE Ferndale, MI 48220

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Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Rent

Square Footage 1,559 sqft

Subdivision Frank Grix

MLS Listing ID 20261057355

Style Bungalow, Upper Lower Apartment

Full Baths 2

Half Baths 1

Year Built 1925

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type MultiFamily

Property Description

Excellent investment opportunity in Ferndale! This fully occupied bungalow-style upper and lower duplex features a lower unit with 2 bedrooms and 1 bathroom and an upper unit with 1 bedroom and 1 bathroom, providing immediate in-place rental income.

The upper unit includes an updated kitchen and bathroom with stainless steel appliances, updated cabinetry, and updated flooring. Additional features include a gas fireplace in the lower unit, basement with laundry, a half bath, and generous storage space. Outside, the property offers a fenced backyard, large rear deck, covered front porch, and a detached 1.5-car garage. Ample parking is available in the garage, driveway, and on the street.

Conveniently located less than 1.5 miles from downtown Ferndale with easy access to I-696, the property is close to shopping, dining, entertainment, and major commuter routes. The asset also presents a compelling value-add opportunity through below-market in-place rents, offering investors the ability to increase revenue over time while benefiting from continued demand in an established Oakland County submarket. Please do not disturb the tenants.

Location

State MI

County Oakland

Area Area02258Ferndale

Rooms

Basement Full, Partially Finished

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Exterior Feature ChimneyCaps

Parking Features Garage

Pool None

View Y/N No

Roof Type Composition

Garage true

Building

Foundation Basement, Poured

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Ferndale

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Call


Realcomp MLS
Listed by Emil Cherkasov of Forward Commercial Group

NEARBY SCHOOL & BUSINESS

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Maria Reyes

Maria Reyes

Team & Area Leader | License ID: 6501350194

+1(248) 943-2250

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617 E Bennett AVE