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22012-22014 Woodward Avenue

Ferndale, MI 48220
  • $599,000
  • STATUS: Active
  • ON SITE: 51 Days
  • ID#: 2210084689
$599,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 3
    BATHS
  • 3
    1/2 BATHS
  • 3,114
    SQFT
  • $192
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1935
County:
Area:
Zoning:
Multiple
Lot Size Dimensions:
Irregular

School Ratings & Info

School District:

Description

The Ferndale Three is a unique blend of properties that consists of 2 properties with 3 units total, being sold as a package. The 1st property is 2, 112 square foot fully refurbished mixed use property on Woodward Avenue that features a ground floor retail space secured by a 5 year tenant and a modern refurbished second floor 2 bedroom apartment with a balcony. The 2nd property is located directly behind the building. The property consists of a fully refurbished 2 bedroom residential home with a 10 space parking lot directly behind the home which serves as parking for both the residential units and the retail tenants/customers.

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© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Alan Brown Group are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-11-27T23:55:45.497.
www.alanbrowngroup.com/homes/122177661
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22012-22014 Woodward Avenue Ferndale, MI 48220

  • Price: $599,000
  • Status: Active
  • On Site: 51 Days
  • ID#: 2210084689
0
Beds
3
Baths
3
½ Baths
0.05
Acres
3,114
SQFT
$192
$/SQFT
1935
Built
Neighborhood:
Woodward Farms Add
County:
Oakland
Area:
Ferndale
School District:
FERNDALE
Property Description
The Ferndale Three is a unique blend of properties that consists of 2 properties with 3 units total, being sold as a package. The 1st property is 2, 112 square foot fully refurbished mixed use property on Woodward Avenue that features a ground floor retail space secured by a 5 year tenant and a modern refurbished second floor 2 bedroom apartment with a balcony. The 2nd property is located directly behind the building. The property consists of a fully refurbished 2 bedroom residential home with a 10 space parking lot directly behind the home which serves as parking for both the residential units and the retail tenants/customers.
Exterior Features

Architecture Level 2 Story Architecture Style Other Construction Materials BrickCompositionVinyl Exterior Features Private Entry Foundation Details Basement Foundation Materials Block Lot Size Dimensions Irregular Multifamily Parking Paved Parking Total 10 Pool YN No Road Frontage Feet 20 Road Frontage Type PavedPub. Sidewalk Roof Material AsphaltRubber Waterfront YN No

Interior Features

Basement Type Unfinished Basement YN Yes Baths Total 3.30 Cooling Central Air Heating Forced Air Heating Fuel Natural Gas Interior Features Cable AvailableProgrammable Thermostat Living Area Source Public Records Room Count 0 Sq Ft Combined 3114 Sq Ft Total Basement 869 Unit Efficiency Number Of 1 Unit Four Bed Number Of 0 Unit One Bed Number Of 0 Unit Three Bed Number Of 0 Unit Two Bed Number Of 2 Water Heater Fuel Natural Gas

Property Features

Assessment 0 Down Payment Resource YN Yes Encroachment YN No Exclusions YN No Existing Lease YN Yes Gross Scheduled Income 53100.00 Income Projection Actual Inventory List YN No Land Contract YN No Legal Rental Certified YN Yes Listing Financing CashConventional Monthly Rental Income 4425 Net Operating Income 35652.00 Number Of Units Leased 3 Ownership Status Private OwnedShort Sale - No Percent Homestead Exempt YN No Pets Allowed Yes Postal City Ferndale Protection Period 180 Days Restrictions YN No Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 5678.0000 Tax Amount Winter 139.0000 Title Private - Owned Total Tax 5817.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 22012-22014 WOODWARD AVE Water Source Municipal Water Year Remodeled 2019 Zoning Multiple

IDX provided courtesy of Realcomp II Ltd., via Signature Sotheby's International Realty Bham and Realcomp, ©2021 Realcomp II Ltd. Shareholders.


© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Alan Brown Group are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-11-27T23:55:45.497.
 
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