2017 Martin Road new Save Request In-Person Tour Request Virtual Tour
Ferndale,MI 48220
Key Details
Property Type Single Family Home
Sub Type Ranch
Listing Status Active
Purchase Type For Sale
Square Footage 1,053 sqft
Price per Sqft $223
MLS Listing ID 81025007436
Style Ranch
Bedrooms 3
Full Baths 1
HOA Y/N no
Originating Board Greater Metropolitan Association of REALTORS®
Year Built 1958
Annual Tax Amount $2,325
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 40 ft x 111 ft
Property Sub-Type Ranch
Property Description
Investment Property: Turnkey Rental HomeSeize this incredible opportunity to own a rental property in the vibrant community of Ferndale, Michigan. This 1,053 sqft home, currently occupied by reliable tenants paying $1,720 per month, ensures immediate income and a hassle-free investment.Property Features:The home has a spacious and inviting living area with an enclosed contemporary kitchen with granite countertops and plenty of cabinet space.There are three comfortable bedrooms, each offering ample space and natural light.The full bathroom has been beautifully updated and features modern fixtures and finishes.All appliances are included.A generous backyard ideal for outdoor activities, gardening, or future enhancements.Parking: Convenient off-street parking is available.
Investment Highlights:
Current Lease: Tenants paying $1,720 per month, providing immediate cash flow.
Updated Interior: Recent updates to the bathroom and kitchen make this home appealing and move-in ready. All drain pipes including under slab and to street have been replaced with PVC in 2020. New flooring throughout at that time.
Steady Income: Consistent rental payments ensure a stable return on your investment.
Future Growth: The property's location in the growing Ferndale area promises potential for appreciation and increased rental demand.
Don't miss out on this exceptional investment opportunity. Contact us today to schedule a viewing and secure your future income.
Location
State MI
County Oakland
Area Ferndale
Direction From E 9 Mile Rd, turn North onto Martin Rd; after the intersection with Breckenridge St, the property will be on the left side
Rooms
Kitchen Dishwasher,Disposal,Dryer,Microwave,Oven,Range/Stove,Refrigerator,Washer
Interior
Interior Features Laundry Facility
Hot Water Natural Gas
Heating Forced Air
Cooling Central Air
Fireplace no
Appliance Dishwasher,Disposal,Dryer,Microwave,Oven,Range/Stove,Refrigerator,Washer
Heat Source Natural Gas
Laundry 1
Exterior
Roof Type Asphalt
Road Frontage Paved
Garage no
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Ranch
Level or Stories 1 Story
Structure Type Brick,Vinyl
Schools
School District Hazel Park
Others
Tax ID 2526380025
Ownership Private Owned
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional