Ferndale, MI 48220,392 E Cambourne Street
Ferndale, MI 48220,392 E Cambourne Street
Ferndale, MI 48220,392 E Cambourne Street
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$275,000
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2 Beds
3 Baths
1,416 SqFt
New

392 E Cambourne Street Ferndale, MI 48220

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Key Details

Property Type Multi-Family

Sub Type Bungalow,Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,416 sqft

Price per Sqft $194

Subdivision Astonsof Knowles Heights

MLS Listing ID 20251018932

Style Bungalow,Duplex

Bedrooms 2

Full Baths 3

Year Built 1937

Annual Tax Amount $10,213

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 60X131.5

Property Sub-Type Bungalow,Duplex

Source Realcomp II Ltd

Property Description

Income generating Ferndale duplex within walking distance to downtown! This is a perfect opportunity to live in one unit while renting out the other, or lease out both units for maximum income generating potential. Currently rental certified through the city until 7/3/26. Units are separately metered for gas and electric, with one meter for water that is prorated 75%/25% between lower and upper units. Tenants pay all utilities. Upstairs unit is currently vacant, but was recently rented out at $1,100/month. Lower unit has had the same tenant for around 30 years, currently paying $1600/month plus $25/month for cat rent with existing lease in place until March 2027, with rent increase built in to current agreement to $1650/month plus cat fee in March 2026. Lower unit has full access to the backyard, driveway, basement, and garage.

Location

State MI

County Oakland

Area Ferndale

Zoning Residential

Direction North of 9 Mile Rd, east of Woodward

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling Window Unit(s)

Fireplace no

Heat Source Natural Gas

Exterior

Exterior Feature Fenced

Road Frontage Paved

Garage yes

Private Pool No

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Bungalow, Duplex

Level or Stories 2 Story

Structure Type Vinyl

Schools

School District Ferndale

Others

Pets Allowed Yes

Tax ID 2527452013

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA


Realcomp MLS
Listed by Katie Nanney of Brookstone, Realtors LLC

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agent

Bob & Pemra Brabb

Agent | License ID: 6501194201

+1(313) 449-8570

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392 E Cambourne Street