242 W Webster Street, Ferndale, Michigan

$427,500

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2

Baths

1,860

Square feet

0.10

Acres

About 242 W Webster Street

Fully renovated duplex in the heart of Ferndale, just minutes from downtown. Both units feature private balconies (upper and lower), quartz countertops, modern stainless steel appliances and full private basement with in unit laundry. A 2 car garage and updated mechanicals (furnace, AC, and plumbing -all within last 5yrs) add to value. Excellent income producing property generating $46,000+ annually. The first floor unit is set up as a short term rental (Airbnb) with 100% occupancy for the last 2 years, averaging $2,300/ month. The second floor unit is currently leased at $1,930/month with a consistent 2+ year rental history. Perfect for investors, house-hackers or owner-occupants looking to offset their mortgage. Don't miss this turnkey opportunity in one of Metro Detroit's hottest rental markets! Owner is a licensed agent.

Features of 242 W Webster Street

MLS® # 60925007
Price $427,500
Bathrooms 2.00
Full Baths 2
Square Footage 1,860
Acres 0.10
Year Built 1926
Type Multifamily
Sub-Type Duplex
Style Colonial
Status Active
Source MLS MiRealSource
Originating MLS RealComp

Community Information

Address 242 W Webster Street
Area Ferndale
Subdivision Adolph Slomans Woodward Blvd
City Ferndale
County Oakland
State Michigan
Zip Code 48220 3238

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Fireplace No
Structure Style 2 Story

Exterior

Foundation Basement

School Information

District Ferndale City School District

Additional Information

Zoning Residential
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeGood Company

Listing Map

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