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425-9 Vester Street

Ferndale, MI 48220
  • $299,900
  • STATUS: Active
  • ON SITE: 15 Days
  • ID#: 20221062662
UPDATED: 71 min ago
$299,900
  • 0
    BEDS
  • 0.13
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 1,866
    SQFT
  • $161
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1916
County:
Area:
Zoning:
Multi-Family
Lot Size Dimensions:
55X105

School Ratings & Info

School District:

Description

Location, Location, Location! Downtown Ferndale. Walking distance to restaurants, bakeries, stores, etc. Excellent opportunity for investors or individuals to own this 4 unit property. Such great potential. Upper apt has 2 bedrooms with a sunroom. Lower apt also has nice open floor plan with 2 bedrooms, living room and dining room. The lower level apt is a one bedroom and the other unit is a studio with new appliances. Vinyl siding, roof and windows 2004. Electrical panels 2011. Air conditioning 8 years old. Coved ceiling with lots of charm. Some newer windows. Lots of parking. Close to 696. Great location. Close to Royal Oak. You won't be disappointed. Private showings only to be set up in advance please, no lockbox. Needs updating.

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IDX provided courtesy of Realcomp II Ltd. via RE/MAX Nexus and Realcomp II Ltd.. © 2022 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Nexus are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2022-12-03T23:57:21.23.
www.nexushomesearch.com/homes/134879439
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425-9 Vester Street Ferndale, MI 48220

  • Price: $299,900
  • Status: Active
  • On Site: 15 Days
  • Updated: 71 min ago
  • ID#: 20221062662
0
Beds
4
Baths
0
½ Baths
0.13
Acres
1,866
SQFT
$161
$/SQFT
1916
Built
Neighborhood:
Urbanrest Sub
County:
Oakland
Area:
Ferndale
School District:
FERNDALE
Property Description
Location, Location, Location! Downtown Ferndale. Walking distance to restaurants, bakeries, stores, etc. Excellent opportunity for investors or individuals to own this 4 unit property. Such great potential. Upper apt has 2 bedrooms with a sunroom. Lower apt also has nice open floor plan with 2 bedrooms, living room and dining room. The lower level apt is a one bedroom and the other unit is a studio with new appliances. Vinyl siding, roof and windows 2004. Electrical panels 2011. Air conditioning 8 years old. Coved ceiling with lots of charm. Some newer windows. Lots of parking. Close to 696. Great location. Close to Royal Oak. You won't be disappointed. Private showings only to be set up in advance please, no lockbox. Needs updating.
Exterior Features

Architecture Level 3 Story Architecture Style Quadruplex Construction Materials VinylWood Exterior Features Awning/Overhang(S)Chimney Cap(S)LightingPrivate EntryFenced Foundation Details Basement Foundation Materials Block Lot Size Dimensions 55X105 Multifamily Parking Unassigned/General Parking Total 8 Pool YN No Porch Type Deck Road Frontage Feet 55 Road Frontage Type Paved Roof Material Asphalt Waterfront YN No

Interior Features

Basement Type Finished Basement YN Yes Baths Total 4.00 Cooling Central Air Fireplace YN No Heating Forced Air Heating Fuel Natural Gas Interior Features High Spd Internet AvailLaundry FacilityEgress Window(S) Laundry Facilities YN Yes Living Area Source Public Records Sq Ft Combined 2773 Sq Ft Lower Floor 907 Sq Ft Total Basement 907 Unit Efficiency Number Of 1 Unit Four Bed Number Of 0 Unit One Bed Number Of 1 Unit Three Bed Number Of 0 Unit Two Bed Number Of 2 Water Heater Fuel CommonNatural Gas

Property Features

Assessment 608.00 Down Payment Resource YN Yes Existing Lease YN Yes Gross Scheduled Income 36600.00 Homestead YN No Income Projection Actual Inventory List YN Yes Land Contract YN No Legal Rental Certified YN Yes Listing Financing CashConventionalFhaVa Monthly Rental Income 3050 Net Operating Income 25467.95 Number Of Units Leased 3 Ownership Status Short Sale - NoPrivate Owned Percent Homestead Exempt YN No Pets Allowed Yes Postal City Ferndale Protection Period 180 Rent Includes Trash Collection (Garbage Pickup)Yard Maintenance Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 8861.3400 Tax Amount Winter 217.3400 Title Standard (Private) Total Tax 9078.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 425-9 Vester Street Water Source Public (Municipal) Zone Conform YN Yes Zoning Multi-Family

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Remerica United Realty: (248) 344-1800 and Realcomp, ©2022 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via RE/MAX Nexus and Realcomp II Ltd.. © 2022 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Nexus are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2022-12-03T23:57:21.23.
 
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