$235,000
For Sale

690 E Marshall Street

Ferndale, MI 48220
1380 sqft | 2 baths | #58050145991
Browse 16 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Land Contract Available. Completely rebuilt and remodeled. This 2-unit features 1 up and 1 down, 1 bedroom, 1 bath units. Completely remodeled and updated, plumbing, electrical, fixtures and cabinets. Laminate floors and ceramic baths, new windows, doors, appliances, furnace. Large covered front porch adds to charm and convenience for Tenants. Expected rent is $1295 for lower and $1250 for upper. Electric, Gas and Water are not separated. This would be a good project for the new owner to add value and increase their Net Operating Income. Seller will Lease the units prior to close if desired by Purchaser, go to closing, collect rent immediately!

  • Interior Details
      • HeatingForced Air, Separate Meters
      • CoolingCentral Air
    • Beds & Baths
      • Total Baths2.00
      • Bathrooms2
      • Full Baths2
  • Property Details
      • Exterior FeaturesFenced
    • Measurements
      • Square Feet1380
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1927
  • Community and Neighborhood Details
      • School DistrictFerndale
      • RegionFerndale
      • CountyOakland
  • Financial Details
      • Original List Price$264,000
  • Other
      • MLS #58050145991

Location

Workhorse Realty LLCReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00