141 Ferndale Avenue,Rochester, MI 48307
Rochester, MI 48307
Description
Welcome to 141-143 Ferndale Ave, perfectly situated in a prime location within walking distance of downtown Rochester. This charming, side-by-side ( seperate entrance doors) updated ranch duplex is a fantastic income-generating opportunity through Airbnb. Each renovated unit boasts one bedroom and two full bathrooms, providing ample space and comfort. The property currently generates aprox $3,800 per month in gross income combined from both units. Please note that each unit requires a minimum stay of 27 days, as mandated by the city of Rochester for Airbnb use. The following appliances are included with the property: refrigerators, stoves, and washers and dryers (in each unit).This unique property offers various opportunities, including continuing its successful rental income stream, living in one unit while renting the other, or considering a teardown and rebuild to create a new residential home. Please note that the property is furnished; however, furniture is not included in the sale. With homes in the neighborhood experiencing exceptionally high values, this property is an excellent investment opportunity. Don't miss out on the potential that 141-143 Ferndale Ave has to offer! Property is non homestead.
Details
| MLS # | 20261011979 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1942 |
| Days On Site | 217 |
| Listing Provided By | Brookstone, Realtors LLC | Derrick Kajbo |
Features
| Bath(s) | 4 Total |
|---|---|
| SQ Feet | 2,100 |
| Basement | Y |
| Story(s) | 1 |
| Units | 2 |
| Zoning | Multi-Family,Residential |
| Acreage | 0.17 |
| Water Front | Yes |
Interior
| Cooling Yes / No | No |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air, Natural Gas |
Exterior
| Exterior Features | Lighting |
|---|---|
| Roof | Asphalt |
| Construction Materials | Vinyl Siding |
| Foundation Details | Basement, Block |
Parking
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
| Parking Features | Paved |
Taxes
| Tax Annual Amount | 6331 |
|---|
Area Information
| State | MI |
|---|---|
| County | Oakland |
| City | Rochester |
| Zip Code | 48307 |
| Area | Rochester |
| Community Name | WOODWARD HEIGHTS SUB ROCHESTER |
| School District | Rochester |
| High School | Rochester |
| Listing VS Median (in WOODWARD HEIGHTS SUB ROCHESTER) | |
Price: $439,900 low | high Med: $439,900 sqft: 2,100 low | high Med: 2,100 $ / sqft: $209 low | high Med: $209 On site: 217 low | high Med: 217 | |
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Learn More About This Property
| State | MI |
|---|---|
| County | Oakland |
| City | Rochester |
| Zip Code | 48307 |
| Area | Rochester |
| Community Name | WOODWARD HEIGHTS SUB ROCHESTER |
| School District | Rochester |
| High School | Rochester |
| Listing VS Median (in WOODWARD HEIGHTS SUB ROCHESTER) | |
Price: $439,900 low | high Med: $439,900 sqft: 2,100 low | high Med: 2,100 $ / sqft: $209 low | high Med: $209 On site: 217 low | high Med: 217 | |
