Active For Sale Multifamily

6-Unit Residential Portfolio Sale

1447 Albany St, Ferndale, MI, 48220

ID 6227162a

Overview

Forward Commercial Group (FCG) is pleased to present the opportunity to acquire a 100% leased, threeproperty residential portfolio comprising six units and approximately 4,502 square feet across strategically located across the highly sought-after Oakland County communities of Royal Oak and Ferndale. The portfolio provides immediate, stable cash flow, generating approximately $86,700 in current gross annual rent income. The assets also present a compelling value-add opportunity through below-market in-place rents, offering investors the ability to increase revenue over time while benefiting from continued neighborhood redevelopment, new residential construction, and sustained economic investment. The offering consists of two bungalow-style duplexes that are well positioned within established neighborhoods with strong longterm rental demand. Please do not disturb tenants.

Additional Information

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