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 two 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.
Do not miss this UNIQUE DUPLEX PROPERTY that combines a residential DUPLEX with a COMMERCIAL GARAGE. This property is PERFECT for someone who owns a small business AND would like the income from a residential duplex. This property HAS 3 ADDRESSES (units): 2388 & 2392 W AUBURN (DUPLEX) and 2945 DEVONDALE for the commercial garage. The garage has a BRAND NEW FURNACE 2025, WINDOWS 2025, EPOXIED FLOORS 2025, ROOF 2024, INSULATED GARAGE BAY DOOR 2025, and fenced storage yard. The residential DUPLEX was COMPLETELY RENOVATED FROM TOP TO BOTTOM in 2021 : KITCHEN with QUARTZ COUNTERTOPS, STAINLESS STEEL APPLIANCES, NEW TILE FLOORS. BATHROOM offers a QUARTZ COUNTERTOP VANITY, NEW TILE, and a NEW BATHTUB. Additional upgrades include NEW ROOF, NEW SIDING, NEW GUTTERS, NEW CEMENT PORCHES, UPDATED ELECTRICAL PANELS, UPDATED PLUMBING, NEW A/C, SOFTENER, HWH's, REFINISHED HARDWOOD FLOORS throughout, and more. Each have their own electrical boxes and meters. Unit 2388 is currently rented month to month. Unit 2392 has a renter on standby for new owner. Unit 2945 (garage) is used for current owner's business. *1/2 bath in Mechanical room in front structure is used by all units. Duplex has assigned storage sheds and could be used as offices under Zone B-1 guidelines. **LOCATED IN OPPORTUNITY ZONE.**Do not approach property without approved appointment with licensed agent. Tenant occupied.
Six condominium portfolio in larger condo community (ask about a 7th unit available); Class A location, well-run HOA. Secure a rare, cash-flowing 6-unit condo package in a well-maintained complex across three buildings, located just minutes from downtown Rochester. This stabilized investor opportunity includes 5 x 2-bed units and 1 x 1-bed unit, all occupied with reliable tenants, generating immediate rental income. Several units feature full remodels, others have value add opportunities to increase market rent or flip to a buyer. This portfolio offers instant scale, reliable cash flow, and long-term upside in a high-demand rental market - perfect for investors ready to grow fast. Please do not disturb tenants.
Historic residence built in summer of 1884 for Marcus Eugene Carlton and his wife Lydia. This Swiss cottage was designed by John Scott and built by Arkin & Jones. Over the years the home has had many uses from residential to business. This property offers the opportunity for a historic restoration or complete re-development. the property has 60 foot of frontage on both East Street and Water Street. The lot is 150 deep and is directly north of the Granary Live/Work Loft apartments Currently under construction.
Rochester is located in Michigan. Rochester, Michigan has a population of 13,048. Rochester is more family-centric than the surrounding county with 36.92% of the households containing married families with children. The county average for households married with children is 32.55%.
The median household income in Rochester, Michigan is $100,021. The median household income for the surrounding county is $86,275 compared to the national median of $69,021. The median age of people living in Rochester is 39.4 years.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 15.7 degrees. The average rainfall is approximately 32.2 inches per year, with 32.7 inches of snow per year.
