364 W CAMBOURNE Street new Save Request In-Person Tour Request Virtual Tour
Ferndale,MI 48220
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,934 sqft
Price per Sqft $206
Municipality Ferndale City
Subdivision Ferndale City
MLS Listing ID 20250035497
Bedrooms 4
Full Baths 2
Year Built 1926
Annual Tax Amount $8,804
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 50.00 x 137.00
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
Prime NW Ferndale Opportunity – Live in One, Rent the Other!Located in the highly sought-after NW Ferndale neighborhood, just a few blocks from the heart of downtown, this two-unit multifamily home is the perfect opportunity for investors or owner-occupants seeking flexibility and long-term value. Both upper and lower 2 bedroom units have previously rented for around $1,700/month with the lower unit being currently owner-occupied with tenant rights. Loaded with charm & smart updates, the home features hardwood floors, thermal windows, newer downstairs appliances, both bathrooms gutted in the last 5-7 years, outdoor sprinkler system, newer furnaces and water heaters, and separate utilities (except water)—ideal for streamlined tenant management. City of Ferndale Rental Certified, with an oversized detached 2 car garage and 50' wide lot along with covered front porch & backyard paver patio...this is a rare opportunity to own a versatile, income-generating property in a premium Ferndale location with strong neighborhood appeal. This property checks all the boxes to either expand your portfolio or look for a smart way to live affordably. Can easily turn back into a single family residence if preferred! The world is your oyster with this one!
Location
State MI
County Oakland
Area Oakland County - 70
Direction Woodward to W Cambourne to House
Interior
Heating Forced Air
Cooling Central Air
Fireplaces Type Living Room
Fireplace true
Exterior
Exterior Feature Fenced Back,Patio,Porch(es)
Parking Features Detached
Garage Spaces 2.0
View Y/N No
Roof Type Asphalt
Garage Yes
Building
Lot Description Level
Story 2
Water Public
Structure Type Aluminum Siding,Brick,Stone
Schools
School District Ferndale
Others
Tax ID 2527351034
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan