The MJA CompanyNational Realty Centers (248) 780-8944
1447 Albany Street, Ferndale, MI 482201447 Albany Street, Ferndale, MI 48220 photo 21447 Albany Street, Ferndale, MI 48220 photo 31447 Albany Street, Ferndale, MI 48220 photo 41447 Albany Street, Ferndale, MI 48220 photo 5
$360,000 For sale

1447 Albany Street

Ferndale, MI 48220

4baths
2,400sqft
0.14acres
1924built
$150per sqft
1days listed

Multi Family · MLS # 20261083867 · Listing courtesy of Forward Commercial Group

About this home

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.

Interior

Full baths3
Half baths2
Living area2,400 sqft
BasementFull, Partially Finished
Finished below grade800 sqft
LevelsOne And One Half

Systems and utilities

HeatingForced Air, Natural Gas
WaterPublic
SewerPublic Sewer

Exterior and lot

StyleBungalow, Upper Lower Apartment
Year built1924
Year remodeled2018
ConstructionAluminum Siding, Vinyl Siding
FoundationBasement, Poured
Garage spaces0
Lot size0.14 acres
Lot dimensions50X125
PoolNone

Taxes, HOA and more

Annual taxes$4,490
Summer taxes$4,357
Winter taxes$133
SubdivisionLEGGETT FARM
MunicipalityFerndale
CountyOakland
PossessionAt Close
Sale termsCash, Conventional
Special conditionsShort Sale No, Standard

Schools

School districtFerndale

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes when listed. Ask us for a lender quote.

Location

IDX information provided courtesy of Realcomp II Ltd. via The MJA Company at National Realty Centers, © 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for 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. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data updated Oct 22, 2026, 11:47 PM.

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