421 W Troy Street Active Save Request In-Person Tour Request Virtual Tour
Ferndale,MI 48220
Key Details
Property Type Multi-Family
Sub Type Bungalow
Listing Status Active
Purchase Type For Sale
Square Footage 1,334 sqft
Price per Sqft $254
Subdivision Elsinore
MLS Listing ID 20251020081
Style Bungalow
Bedrooms 2
Full Baths 2
Year Built 1924
Annual Tax Amount $4,376
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 45.29X114.6
Property Sub-Type Bungalow
Source Realcomp II Ltd
Property Description
Showing times are limited due to the tenants at home work schedule. Please make all requests to show with as much lead time as possible. Welcome to one of the best blocks in Ferndale where charm, community, and convenience come together in a city known for its vibrant energy and eclectic spirit. Ferndale is for fun, and this fantastic multi-family property places you right in the heart of it all. Just steps from downtown, with its local shops, dining, coffeehouses, and nightlife, this home is an ideal opportunity for both savvy investors and owner-occupants alike. Both leases are up this Fall. The second floor tenant pays $980 and may want to renew. The property features numerous updates for modern living, including newer windows, roof, and furnace. The interiors have been freshly painted, and the lower unit's updated kitchen shines with quartz countertops and a clean, contemporary feel. Central air conditioning ensures comfort during warm summer months, while a newer front porch adds welcoming curb appeal. Whether you're looking for dual-rental income, multigenerational living, or want to convert the property into a spacious single-family home with an upstairs primary suite, this home offers versatile possibilities. The partially finished basement includes a separate room that can be used for storage, office space, or additional living area. Special added features include a carport, garden boxes, storage shed, and all appliances round out the list of thoughtful extras. Licensed as a rental with the City of Ferndale, this property is a turnkey income generator in one of Metro Detroit's most sought-after and walkable communities. Don't miss your chance to own a well-appointed, flexible-use home in a location that truly has it all. Schedule your private showing today and see how fun and functional Ferndale living can be.
Location
State MI
County Oakland
Area Ferndale
Zoning Residential
Direction S of 9 Mile | W of Woodward
Rooms
Basement Partially Finished
Interior
Interior Features Cable Available,Circuit Breakers,Laundry Facility,High Spd Internet Avail
Hot Water Natural Gas
Heating Forced Air
Cooling Central Air
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Exterior Feature Lighting,Fenced
Garage Spaces 2.0
Roof Type Asphalt
Porch Porch - Covered,Porch,Covered
Road Frontage Paved,Pub. Sidewalk
Garage yes
Private Pool No
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Bungalow
Level or Stories 1 1/2 Story
Structure Type Aluminum,Vinyl
Schools
School District Ferndale
Others
Pets Allowed Yes
Tax ID 2534104014
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash,Conventional
Rebuilt Year 2023
Listing Terms Cash,Conventional
Financing Cash,Conventional