Active For Sale Multifamily

1447 Albany

1447 Albany St, Ferndale, MI, 48220

ID 6227162a

Overview

Forward Commercial Group (FCG) is pleased to present the opportunity to acquire a 100% leased bungalowstyle duplex in Ferndale, Oakland County, Michigan. The property generates $35,700 in current gross annual rental income providing immediate cash flow and stable occupancy. Located near Nine Mile Road and downtown Ferndale, the property offers value-add potential through future rent increases and an attractive opportunity to acquire a manageable residential investment in an established rental market. Do not disturb tenants.

Additional Information

City
Ferndale
State
MI
Zip Code
48220
Primary Uses
Multifamily
Zoning
R-1
Zoning Description
Single Family Residential