242 W Webster Street FerndaleCity, Michigan 48220
- $460,000
Overview
- Residential Income
- 2
- 0
- 1860 sqft
Description
Fully renovated duplex in the heart of Ferndale, just minutes from downtown. Both units feature private balconies (upper and lower), 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 -all within last 5yrs) add to value. Excellent income producing property generating $46,000+ annually. The first floor unit is set up as a short term rental (Airbnb) with 100% occupancy for the last 2 years, averaging $2,300/ month. The second floor unit is currently leased at $1,930/month with a consistent 2+ year rental history. Perfect for investors, house-hackers or owner-occupants looking to offset their mortgage. Don’t miss this turnkey opportunity in one of Metro Detroit’s hottest rental markets! Owner is a licensed agent.
Address
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Address: 242 W Webster Street FerndaleCity, Michigan 48220
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City: Ferndale City
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State/county: Michigan
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Zip/Postal Code: 48220
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Area: Adolph Slomans Woodward Blvd
Details
Updated on August 17, 2025 at 7:13 am-
Property ID 20251024095
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Price $460,000
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Property Size 1860 sqft
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Bathrooms 2
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Garage 0
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Year Built 1926
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Type Residential Income
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Property Status For Sale
Additional details
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Test Test Data
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Lot Size Dimensions 35X122
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Lot Size Acres 0.1
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Subdivision Name ADOLPH SLOMANS WOODWARD BLVD
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Road Frontage Type Paved
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Architectural Style Colonial, Duplex
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Basement Private, Unfinished
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Bathrooms Full 2
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Bathrooms Total 2
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Water Source Public
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County or Parish Oakland
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Price Per Sq Ft 247.31
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