Open House
Sat May 30, 12:00pm - 2:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 1,389 sqft
Price per Sqft $233
Subdivision The Little Farms
MLS Listing ID 20261036236
Style Bungalow
Full Baths 3
Year Built 1924
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type MultiFamily
Property Description
Rare Triplex Opportunity on Ardmore – High-Yield Income Property! Investors and house-hackers take note! This incredibly rare, fully designated 3-unit multi-family property on Ardmore offers exceptional value, immediate cash flow, and high-ticket updates in one of Ferndale's most demand-driven rental markets. The property boasts a versatile three-unit layout: Lower Unit 1: A comfortable, spacious 1-bedroom, 1-bathroom apartment. Lower Unit 2: A smart, efficient studio apartment—highly sought after for affordable Ferndale living. Upper Unit: A bright, private 1-bedroom, 1-bathroom apartment. Premium Upgrades & Tenant Amenities:
The seller has invested heavily in low-maintenance, high-value improvements that will protect your investment for years to come: New HVAC & Water Heater. New Driveway leading to designated off-street parking behind the property for each unit (a massive premium in Ferndale!). Designated Private Outdoor Spaces for every single unit, allowing tenants their own place to relax and grill. Shared Laundry Facilities conveniently located in the basement. Current Status: Two units are currently occupied with stable, month-to-month rental agreements, offering immediate income on day one with the flexibility to adjust to market rents or move into the vacant unit yourself. Located just steps from the best shopping, dining, and nightlife Ferndale has to offer. Don't miss this incredible addition
Location
State MI
County Oakland
Area Area02258Ferndale
Rooms
Basement Unfinished
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Pool None
View Y/N No
Garage false
Building
Foundation Basement, Poured
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Ferndale
Others
Senior Community false
Acceptable Financing Cash, Conventional, FHA, VaLoan
Listing Terms Cash, Conventional, FHA, VaLoan
Special Listing Condition ShortSaleNo, Standard
Pets Allowed Call
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION