$1,299,900

146 E Hazelhurst St Ferndale, MI 48220

Estimated payment $7,996/month

Total Views 374
9 Beds
9 Baths
5,977 Sq Ft
$217 Price per Sq Ft

Highlights

  • Art Deco Architecture
  • Forced Air Heating System
  • Laundry Facilities
  • Deck

About This Home

What a great and unique opportunity to take over this 9unit apartment building less than a half mile to downtown Ferndale. 4 of the 9 units have been remodeled this year. New coin-op laundry added this year. Storage units on site. True upside to getting the other 5 completed. Please DO NOT disturb any of the tenants. No showings without an accepted offer. PICTURES TO FOLLOW. Lot is irregular. Agent is owner.

Listing Agent

Chad Hooks

Berkshire Hathaway HomeServices Kee Realty Bham License #6501310619 Listed on: 08/08/2025

Berkshire Hathaway HomeServices Kee Realty Bham

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1937 | Remodeled in 2025

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 88x150

Home Design

  • Art Deco Architecture
  • Block Foundation

Interior Spaces

  • 9 Full Bathrooms
  • 5,977 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Outdoor Features

  • Deck

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 2534255012

Community Details

Overview

  • 9 Units
  • Woodward Farms Add Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,553

Year Built

Built in 1937 | Remodeled in 2025

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Art Deco
  • Architecture Level: 2 Story
  • Year Built: 1937
  • State Equalized Value: 293230.0000
  • Year Renovated: 2025
  • Pets Allowed: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Laundry Facility
  • Total Bathrooms: 9.00
  • Full Bathrooms: 9
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 6427
  • Sq Ft Lower Floor: 450
  • Total Sq Ft: 5977
  • Sq Ft Total Bsmt: 1750

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Frontage Feet: 88
  • Porch Type: Deck
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Window Unit(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Laundry Facilities: Yes

Schools

  • School District: Ferndale

Lot Info

  • Lot Size Area: 0.20
  • Lot Dimensions: 88x150
  • Parcel Number: 2534255012
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 12500

Tax Info

  • Tax Amount Summer: 10283.0000
  • Tax Amount Winter: 270.0000
  • Total Tax: 10553.0000
  • Taxable Value: 128060.0000

Multi Family

  • Gross Scheduled Income: 15000.00
  • Number Of Units Total: 9
  • Number of One Bedroom Units: 9
  • Number Of Units Leased: 7

MLS Schools

  • School District: Ferndale

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 For Sale $1,299,900 -- $217 / Sq Ft
Source: Realcomp

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    $1,200,000

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    Well-maintained 9-unit apartment complex located just 0.5 miles from downtown Ferndale. The property consists of 8 one-bedroom units and 1 two-bedroom unit, all in classic condition offering significant upside potential through interior renovations and improved operations. New windows installed in 2024. Seller financing is not offered. Contact listing broker for offering memorandum.

    Michael McClafferty OakPointe Real Estate Advisors

    Section Image

Source: Realcomp

MLS Number: 20251025534

Realcomp