$449,900
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141 FERNDALE Rochester, MI 48307
Multi-Family
Residence
Beds
4
Baths
...
Bed/Bath
1,050
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Welcome to 141-143 Ferndale Ave, perfectly situated in a prime location within walking distance of downtown Rochester. This charming, side-by-side ( seperate entrance doors) updated ranch duplex is a fantastic income-generating opportunity through Airbnb. Each renovated unit boasts one bedroom and t...wo full bathrooms, providing ample space and comfort. The property currently generates aprox $3,800 per month in gross income combined from both units. Please note that each unit requires a minimum stay of 27 days, as mandated by the city of Rochester for Airbnb use. The following appliances are included with the property: refrigerators, stoves, and washers and dryers (in each unit).This unique property offers various opportunities, including continuing its successful rental income stream, living in one unit while renting the other, or considering a teardown and rebuild to create a new residential home. Please note that the property is furnished; however, furniture is not included in the sale. With homes in the neighborhood experiencing exceptionally high values, this property is an excellent investment opportunity. Don't miss out on the potential that 141-143 Ferndale Ave has to offer! Property is non homestead.
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Source MLS
MiRealSource
Originating MLS
RealComp
MLS#
60972006
Property Type
Multi-Family
Bathrooms
4 Full
Year Built
1942
Square Feet
1,050
sq. ft
Lot Size
0.17
Stories
1.0
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