425 Vester Street
Ferndale, Oakland County
$619,000
4 baths · 1,866 sq ft · Multi-family
- Year built
- 1916
- Lot
- 0.13 acres
- Finished lower level
- 907 sq ft
- Annual taxes
- $11,640
- Garage
- 0 cars
- Days on market
- 62
- MLS number
- 20261073555
The investment opportunity of the year is here! Located in the heart of Ferndale, surrounded by exciting new development, this fully updated four-unit multifamily property offers exceptional income potential and turnkey appeal. The property features two upper units, each offering 2 bedrooms and 1 full bathroom, along with two lower units, each offering 1 bedroom and 1 full bathroom. Every unit has been updated with high-end finishes throughout. One unit is currently rented for $1,600 per month, with projected total rental income of approximately $6,700 per month. Also includes a coin operated washer and dryer used by all tenants. Whether you are looking to add a strong income-producing asset to your portfolio or begin your investment journey, this is an opportunity you will not want to miss. Schedule your private showing today!
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Listing courtesy of Keller Williams Legacy · (313) 752-0000
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