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5 Baths
2,400 sqft

$360,000

1447 Albany ST, Ferndale MI, 48220

Price per sqft$150.00
Built in1924
Property size2,400 sqft
Property typeMulti-family

Overview

Active

Listed Oct 15, 2026

Updated 8h ago

Fully Occupied Two-Unit Investment | Updated & Income-Producing. An excellent opportunity to acquire a fully occupied two-unit bungalow offering immediate rental income and long-term investment potential. Both units feature separate entrances, with the main unit offering 2 bedrooms, 2 full baths and 2 half-baths, and the upper unit offering 2 bedrooms and 1 full bath. Significant capital improvements include a 2023 roof, furnaces replaced in 2020 and 2024, a 2023 hot water heater, and fully renovated kitchens and bathrooms in both units in 2018. Additional features include a full basement and spacious backyard. Conveniently located just minutes from downtown Ferndale, with easy access to shopping, dining, parks and other amenities. An income-producing investment with substantial improvements already completed. Do Not Disturb Tenants.

$2,395/mo

Est. mortgage payment based on a $360,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
20261083867

Interior Features

Bathrooms
5
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Taxes
$4,490
Tax Frequency
Annually
55+/Senior Community
No

 

Courtesy of Forward Commercial Group

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Originating MLS:
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Data last updated 10:14 AM UTC, 10/16/2026

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