141 FERNDALE AVE Active Save Request In-Person Tour Request Virtual Tour
MI 48307
Key Details
Property Type Single Family Home
Sub Type SingleFamilyResidence
Listing Status Active
Purchase Type For Sale
Square Footage 2,100 sqft
Price per Sqft $209
Subdivision Woodward Heights Sub - Rochester
MLS Listing ID 20250015782
Style HalfDuplexwithLand,Ranch
Bedrooms 2
Full Baths 4
Year Built 1942
Property Sub-Type SingleFamilyResidence
Property Description
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.
Location
State MI
County Oakland
Area Area02152Rochester
Interior
Heating ForcedAir, NaturalGas
Cooling CentralAir
Fireplaces Type LivingRoom
Laundry LaundryRoom
Exterior
Parking Features TwoCarGarage,Detached,Driveway
Garage Spaces 2.0
Pool None
View Y/N No
Roof Type Asphalt
Building
Foundation Basement, Block
Sewer PublicSewer
Water Public
Schools
School District Rochester
Others
Acceptable Financing Cash, Conventional, FHA, VaLoan
Listing Terms Cash, Conventional, FHA, VaLoan
Special Listing Condition ShortSaleNo, Standard