$235,000
Active

2017 Martin Road

Ferndale, MI 48220
1053 sqft | 3 beds | 1 bath | 0.10 acres | #81025007436
Browse 23 photos
Type:Purchase
Structure:House
Zone:Residential

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.

  • Property Details
      • AppliancesDishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Range, Washer
      • Property SubtypeSingleFamilyResidence
      • Sewer InformationPublicSewer
      • MLS #81025007436
      • MLS #81025007436
      • CoolingCentralAir
      • Cooling FeaturesCentralAir
      • Parcel Number2526380025
      • School DistrictHazelPark
      • Parking FeaturesConcrete
      • Original List Price$235,000
      • RoofAsphalt
      • CountyOakland
      • Utility SourcePublic
      • Taxes Annual$2,325
      • Cost235000
      • Square Feet1053
      • Year Built1958
      • FoundationSlab
      • Acres0.1
      • Days on Market (Cumulative)32
      • Bedrooms3
      • Bathrooms1
      • Full Baths1

Location

Slater Signature HomesReal Estate Group
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10.0%

Interest Rate

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6.0%

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2.6%
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