1529 Silman Street

Ferndale, MI 48220
Square Ft.
1,538
$314,900
Fantastic investment opportunity in the heart of Ferndale! This well-maintained multi-family property features two separate units, making it ideal for investors or owner-occupants looking to generate rental income.The main-floor unit offers 3 spacious bedrooms, 1 full bathroom, beautiful hardwood flooring throughout most of the living areas, and a full basementRead MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of Anthony Djon Luxury Real Estate.
Listing Snapshot - Source: Home Junction
Days Online
34
Last Updated
Property Type
Multifamily
Square Ft.
1,538
Lot Size
0.11 Acres
Year Built
1923
MLS Number
20261042215
30 Days Snapshot - Source: Home Junction
30 Days Snapshot Of 48220
$204k
0%
(avg) sold price
47
-36%
homes sold
43
-6%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
2 total units, 1 leased unit, 1 two-bedroom unit, 1 three-bedroom unit, Built in 1923, Architectural style: Other, Brick, Vinyl, 1,538 total square feet, 1,538 combined square feet, 874 total basement square feet, Unit count: 2
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.11, Lot size dimensions: 45X107.5
Miscellaneous
Gross scheduled income: $33,600, Income projection: Actual, Monthly rental income: $2,800, Net operating income: $25,600
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $8,400, Tax amount (winter): $240
Sewer
Sewer (Sewer-Sanitary)
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Monthly Payment
$0
Dave MacFarland
Broker
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IDX provided courtesy of Realcomp II Ltd., via MacFarland & Company Real Estate and Dave MacFarland, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

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