2932 Grayson ST Active

Ferndale,MI 48220

$ 235000

- Bed

2 Baths

1400 SqFt


Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 1,400 sqft

Price per Sqft $167

Subdivision Campbell Heightsno 1

MLS Listing ID 20251049178

Style Ranch

Full Baths 2

Year Built 1955

Property Sub-Type MultiFamily

Property Description

Beautifully updated duplex in Ferndale; an investment property or owner/occupant opportunity. An exceptional investment property, perfect for house hackers, or long-term owners looking for strong rental potential. Beautifully maintained two-unit duplex has been lovingly cared for by the same family for many years and offers both comfort and versatility in a very desirable location. Each unit has approximately 700 square feet of well-designed living space, including 1 bedroom, 1 bath, in-unit laundry, a dining area, a spacious living room, and access to a shared utility room – a total of 1,400 sq.ft. across the property. Both units are exceptionally clean and updated with fresh paint, new carpet and appliances, renovated bathrooms, and newer windows, ensuring low maintenance for years to come. Enjoy charming front and back porches, a large backyard, and on-street parking. Though the property is listed under a single parcel ID, each unit has separate addresses, individual utility meters, providing convenience and flexibility for managing tenants or multi-generational living. Located in a prime Ferndale neighborhood, this multi-family home is within walking distance to Woodward Heights and Hilton, across the street from Ferndale's Early Childhood Development Center, and close to local parks, shopping, dining, and nightlife. It's the perfect blend of community charm and urban convenience. This is a rare duplex for sale in Ferndale for less than the price of a single condo! Live in one and rent the other for passive income, use one as a guest suite or home office, or rent both for an excellent cash-flow opportunity! Whether you're seeking a turnkey rental property, a multi-family investment, or a comfortable home with income potential, this duplex is a smart and exciting buy that delivers!
Schedule your showing today and see why this Ferndale income property stands out as one of the best opportunities on the market.

Location

State MI

County Oakland

Area Area02258Ferndale

Interior

Heating ForcedAir, NaturalGas

Cooling CentralAir

Laundry GasDryerHookup, InUnit, WasherHookup

Exterior

Exterior Feature Lighting, PrivateEntrance

Parking Features OnStreet

Fence BackYard

Pool None

Community Features Sidewalks

Utilities Available AboveGroundUtilities, CableAvailable

View Y/N No

Roof Type Asphalt

Building

Foundation CrawlSpace

Sewer PublicSewer

Water Public

Schools

School District Ferndale

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

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