364 W CAMBOURNE Street Sold Save Request In-Person Tour Request Virtual Tour
Ferndale,MI 48220
Key Details
Sold Price $435,0008.8%
Property Type Multi-Family
Sub Type Bungalow
Listing Status Sold
Purchase Type For Sale
Square Footage 1,934 sqft
Price per Sqft $224
Subdivision Woodward Heights Sub - Ferndale
MLS Listing ID 20250034995
Style Bungalow
Bedrooms 2
Full Baths 2
Year Built 1926
Annual Tax Amount $8,804
Lot Size 6,969 Sqft
Property Sub-Type Bungalow
Property Description
Best offers due by Monday 6/9 @ 10am. Prime NW Ferndale Multifamily Opportunity – Live in One, Rent the Other!
Located in the highly sought-after NW Ferndale neighborhood, just a few blocks from the heart of downtown, this two-unit multifamily home is the perfect opportunity for investors or owner-occupants seeking flexibility and long-term value. Both upper and lower 2 bedroom units have previously rented for around $1,700/month with the lower unit being currently owner-occupied with tenant rights. Loaded with charm & smart updates, the home features hardwood floors, thermal windows, newer downstairs appliances, both bathrooms gutted in the last 5-7 years, outdoor sprinkler system, newer furnaces and water heaters, and separate utilities (except water)—ideal for streamlined tenant management. City of Ferndale Rental Certified, with an oversized detached 2 car garage and 50' wide lot along with covered front porch & backyard paver patio...this is a rare opportunity to own a versatile, income-generating property in a premium Ferndale location with strong neighborhood appeal. This property checks all the boxes to either expand your portfolio or look for a smart way to live affordably.
Location
State MI
County Oakland
Area Ferndale
Zoning Residential
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central Air
Exterior
Exterior Feature Fenced
Garage Spaces 2.0
Roof Type Asphalt
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Aluminum,Brick,Stone
Schools
School District Ferndale
Others
Assessment Amount $1,069
Acceptable Financing Cash,Conventional,FHA,VA
Listing Terms Cash,Conventional,FHA,VA