351 Edgewood PL Ferndale, MI 48220
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 1,972 sqft
Price per Sqft $202
Subdivision Adolph Slomans Woodward Blvd
MLS Listing ID 20261040998
Style UpperLowerApartment
Full Baths 3
Year Built 1925
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type MultiFamily
Property Description
The lower unit is currently owner-occupied, providing flexibility for an owner-occupant or investor. Both units feature separate gas and electric meters, separate central A/C systems, and additional mini-split units for enhanced comfort and efficiency. There are two sets of washers and dryers in the basement, allowing each unit to have its own laundry facilities. There is locked storage in the basement that is available for each unit. There is a large parking pad in the backyard with three parking spaces.
The lower unit is a two bedroom, one bathroom. The updates include kitchen cabinets, flooring, and appliances, full bathroom remodel and AC unit. The upper unit is a three bedroom, two bathroom. The updates include updated kitchen, bathrooms and finished third floor for extra living space. The upper unit is currently vacant after a long-term tenant.
There is also an opportunity to expand the third-floor to a one bedroom unit. With the appropriate approvals and renovations, the area could potentially be converted into a studio or one-bedroom unit, creating an additional income stream and increasing the property's overall value.
The owner currently pays for lawn care and snow removal.
BTVAI
Location
State MI
County Oakland
Area Area02258Ferndale
Rooms
Basement Common, Common Storage Locker, Unfinished
Interior
Heating Forced Air, Natural Gas
Fireplace No
Laundry CommonArea
Exterior
Pool None
View Y/N No
Garage false
Building
Foundation Basement, Block
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Ferndale
Others
Senior Community false
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition ShortSaleNo, Standard
Pets Allowed Breed Restrictions, Dogs Ok, Size Limit, Yes
NEARBY SCHOOL & BUSINESS
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