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1447 Albany Street

Ferndale, Michigan 48220
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Bed 4

Bed

Bath 3.5

Bath

SqFt1,600

Sqft

Acres0.14

Acre(Lot)

Fully occupied two-unit bungalow offering immediate cash flor and outstanding long-term investment potential. This well-maintained property features numerous recent updates, including both furnaces (2024), roof (2023), one hot water heater (2023), and a complete gut renovated of both kitchens and all bathrooms (2018). The main unit offer 2 bedrooms, 2 full baths, 2 half-baths, while the upper unit offers 2 beds and 1 bath. Additional highlights include a full basement, a spacious backyard, and separate entrances that appeal to long-term tenants. A turnkey investment opportunity with proven rental history, conveniently located just minutes from downtown Ferndale and close to shopping, dining, parks, and major amenities.

Detail Ic Property Details

Property Type : Multifamily

Price : $360,000

AD Id : 88437181

MLS Id : 20261058108

Beds : 4

Lot Size : 0.14 Acre

Living Area Size : 1,600

Year Built : 1924

County : Oakland

Subdivision: Leggett Farm

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Feature Features

  • Bathroom Information

    Total Baths: 3.5 Full Baths: 3 Half Baths: 2
  • Interior Features

    Basement Description: Partially Finished
  • Heating & Cooling

    Heating: Forced Air Heating Fuel: Natural Gas

  • Building Information

    Year Built: 1924 Building Stories: 1 1/2 Story Total Units: 2 Foundation/Basement: Basement Architecture: Bungalow,Upper/Lower Apartment
  • Exterior Features

    Construction: Aluminum,Vinyl
  • Utility Features

    Sewer: Sewer (Sewer-Sanitary)
  • Water

    Public (Municipal)

  • Lot Information

    Lot Size: 0.14 Lot Dimensions: 50X125
  • Property Information

    SQ ft: 1600 Subdivision: Leggett Farm Financing: Cash,Conventional

  • Listing Price Information

    Original List Price: $360,000
  • Listing Information

    Possession: At Close Legal Description: T1N, R11E, SEC 33 LEGGETT FARM SUB LOT 26 BLK D

  • Tax Information

    Annual Tax: $4,490 Parcel Number: 2533204002
  • Possession

    At Close
  • Legal Information

    Legal Description: Section: T1N, R11E, SEC 33 LEGGETT FARM SUB LOT 26 BLK D

  • Unit 2 Information

    # of Bedrooms: 2

  • School Information

    School District: Ferndale
  • Utility Information

    Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1529 Silman Street , Ferndale, MI, 48220 $314,900 5 2 1,538 1,538 SqFt
1936 Farrow Street , Ferndale, MI, 48220 $275,000 3 2 1,400 1,400 SqFt
351 Edgewood Place , Ferndale, MI, 48220 $400,000 5 3 1,972 1,972 SqFt
217 E Drayton Street , Ferndale, MI, 48220 $330,000 3 -- --
437 W Bennett Avenue , Ferndale, MI, 48220 $300,000 3 2 1,406 1,406 SqFt
317 E Maplehurst Street.., Ferndale, MI, 48220 $325,000 4 2 1,929 1,929 SqFt
617 E Bennett Avenue , Ferndale, MI, 48220 $250,000 3 2.5 1,559 1,559 SqFt
695 Livernois Street , Ferndale, MI, 48220 $749,900 5 5 3,186 3,186 SqFt
967 Alberta Street , Ferndale, MI, 48220 $349,000 3 2 1,500 1,500 SqFt
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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 07/31/2026 @ 21:36

MLS: 20261058108 LISTED BY: Emil Cherkasov , Forward Commercial Group 248-662-5066 SOURCE: Realcomp II Ltd

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