1447 Albany St Ferndale, MI 48220
Ferndale AreaEstimated payment $2,370/month
About This Home
Fully occupied two-unit bungalow offering immediate cash flow 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. Do Not Disturb Tenants.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1924 | Remodeled in 2018
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 50x125
Home Design
- Poured Concrete
- Aluminum Siding
- Vinyl Siding
Bedrooms and Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number 2533204002
Community Details
Overview
- 2 Units
- Leggett Farm Subdivision
Pet Policy
- Call for details about the types of pets allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $4,357 | $136,050 | $0 | $0 |
| 2024 | $4,277 | $133,280 | $0 | $0 |
| 2023 | $4,133 | $125,680 | $0 | $0 |
| 2022 | $4,098 | $115,490 | $0 | $0 |
| 2021 | $4,084 | $107,710 | $0 | $0 |
| 2020 | $3,909 | $104,390 | $0 | $0 |
| 2019 | $3,938 | $98,620 | $0 | $0 |
| 2018 | $3,774 | $72,670 | $0 | $0 |
| 2017 | $3,719 | $71,680 | $0 | $0 |
| 2016 | $3,676 | $67,530 | $0 | $0 |
| 2015 | -- | $63,060 | $0 | $0 |
| 2014 | -- | $56,380 | $0 | $0 |
| 2011 | -- | $52,510 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/27/2026 07/27/26 | For Sale | $360,000 | -- | $150 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $187,000 | Heritage Title | |
| Deed | $162,000 | -- | |
| Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $156,000 | Unknown | |
| Previous Owner | $168,300 | Unknown |
Source: Realcomp
MLS Number: 20261058108
APN: 25-33-204-002
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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