242 W Webster Street Coming Soon

Fenton,MI 48220

$ 460000

- Bed

2 Baths

- SqFt


Key Details

Property Type Multi-Family

Listing Status Coming Soon

Purchase Type For Sale

Municipality Ferndale City

Subdivision Ferndale City

MLS Listing ID 20251024095

Year Built 1926

Annual Tax Amount $13,896

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 35X122

Source Realcomp

Property Description

Fully renovated duplex in Ferndale, just minutes from downtown. Both units feature private balconies, quartz countertops, modern stainless steel appliances and full private basement with in unit laundry. A 2 car garage and updated mechanicals (furnace, AC, and plumbing within last 3yrs). Excellent income producing property. The first floor unit is set up as a short term rental with Airbnb, with 100% occupancy for the last 2 years, averaging $2,300 monthly. Second floor unit is currently leased at $1,930 a month with a consistent 2+ year rental history (lease ending September 2025) Perfect for investors or owner-occupants looking to offset their mortgage. Don't miss this turnkey opportunity. Owner is a licensed agent.

Location

State MI

County Oakland

Area Oakland County - 70

Zoning Residential

Direction West On Webster Off Of Woodward

Interior

Heating Forced Air

Exterior

View Y/N No

Building

Sewer Public

Water Public

Structure Type Brick

Schools

School District Ferndale

Others

Tax ID 2534452047

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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