141 Ferndale Ave Rochester, MI 48307
Estimated payment $2,962/month
Highlights
- Ranch Style House
- No HOA
- Forced Air Heating and Cooling System
- North Hill Elementary School Rated A
- 2 Car Detached Garage
- 4-minute walk to Memorial Grove All Abilities Park
About This Home
Welcome to 141-143 Ferndale Ave, perfectly situated in a prime location within walking distance of downtown Rochester. This charming, side-by-side updated ranch duplex is a fantastic income-generating opportunity through Airbnb. Each renovated unit boasts one bedroom and two full bathrooms, providing ample space and comfort. The property currently generates $3,800 per month in gross income combined from both units. Please note that each unit requires a minimum stay of 27 days, as mandated by the city of Rochester. The following appliances are included with the property: refrigerators, stoves, and washers and dryers (in each unit).This unique property offers various opportunities, including continuing its successful rental income stream, living in one unit while renting the other, or considering a teardown and rebuild to create a new residential home. Please note that the property is furnished; however, furniture is not included in the sale. With homes in the neighborhood experiencing exceptionally high values, this property is an excellent investment opportunity. Don’t miss out on the potential that 141-143 Ferndale Ave has to offer! Property is non homestead.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
Year Built
- Built in 1942 | Remodeled in 2024
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 50.00 x 150.00
Home Design
- Half Duplex
- Ranch Style House
- Block Foundation
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 1,050 Sq Ft Home
- Living Room with Fireplace
- Free-Standing Gas Range
- Finished Basement
Bedrooms and Bathrooms
- 2 Bedrooms
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 2 Car Detached Garage
- Driveway
Location
- Ground Level
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 1510280006
Community Details
Overview
- No Home Owners Association
- Woodward Heights Sub Rochester Subdivision
Amenities
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,306 | $138,520 | $0 | $0 |
| 2023 | $3,149 | $146,390 | $0 | $0 |
| 2022 | $3,976 | $131,040 | $0 | $0 |
| 2021 | $3,776 | $128,960 | $0 | $0 |
| 2020 | $2,934 | $120,360 | $0 | $0 |
| 2019 | $3,810 | $115,990 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/17/2025 05/17/25 | For Rent | $2,000 | 0.0% | -- |
| 04/14/2025 04/14/25 | Price Changed | $439,900 | 0.0% | $419 / Sq Ft |
| 04/14/2025 04/14/25 | Price Changed | $439,900 | -2.2% | $419 / Sq Ft |
| 03/10/2025 03/10/25 | For Sale | $449,900 | 0.0% | $428 / Sq Ft |
| 03/05/2025 03/05/25 | For Sale | $449,900 | +63.6% | $428 / Sq Ft |
| 06/26/2023 06/26/23 | Sold | $275,000 | -8.3% | $262 / Sq Ft |
| 05/28/2023 05/28/23 | Pending | -- | -- | -- |
| 05/05/2023 05/05/23 | Price Changed | $299,900 | -6.3% | $286 / Sq Ft |
| 04/24/2023 04/24/23 | For Sale | $320,000 | -- | $305 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $275,000 | Fidelity National Title | |
| Deed | $145,000 | -- | |
| Deed | $55,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $250,250 | New Conventional |
Source: Realcomp
MLS Number: 20250015782
APN: 15-10-280-006
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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