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5 Baths
2,400 sqft

$360,000

1447 Albany Street, Ferndale City Oakland Michigan, 48220

Price per sqft$150.00
Built in1924
Property size2,400 sqft
Property typeMulti-family

Overview

Active

Listed Jul 27, 2026

Updated 2 weeks ago

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 (2020 & 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.

$2,395/mo

Est. mortgage payment based on a $360,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
20261058108

Interior Features

Bathrooms
5
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Taxes
$4,490
Tax Frequency
Annually
55+/Senior Community
No

 

Courtesy of Forward Commercial Group

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Data last updated 6:41 PM UTC, 9/23/2026

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