2-Unit, Fully Occupied Bungalow Close to Downtown Ferndale
1447 Albany St Albany Street
Ferndale, MI 48220
Aug 24, 2026 16:05:47
Fully occupied two-unit bungalow offering immediate cash flor 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. Can be purchase separately for $360,000 or with another 2-unit rental in Ferdale for a total of $585,000 (617 E. Bennett). Do not disturb tenants.
