552 Laprairie Street

About this home

Truly, a generational opportunity. This package of three 2-family homes located in the very desirable Detroit suburb of FERNDALE Michigan is special in many ways. With the 3 built lots in a row, & the extraordinary depth of 254 feet makes this an incredibly attractive land package. The story starts in the center with the original craftsman style bungalow 2-family home featuring two bedrooms on the first floor, & a spacious one bedroom upper unit, there is a full basement with separate laundry for each unit, private entries, and exits for all above grade entrances. From 1953 to 1955 the home on Laprairie gained a sibling on each side. Never wanting to mess with success, the original owner built both new properties using the same floorplan as their existing 2-family. Improving upon the existing, red brick was chosen for exteriors, garages with separate stalls and the trio was complete. Subsequent ownership through three generations (I have personally worked with all three generations) has provided a roadmap of consistent maintenance, capital improvements, long-term rental, history, and pride of ownership. | Recent years have meant some newer furnaces (5), air conditioners (6), kitchens (3), bathrooms (4), wood floors (3), windows (all), appliances and decor. If the idea of a turnkey investment that has future potential beyond, what’s already there this might be the package that you’re looking for. These three are only being sold as a package. Only 552 Laprairie (Lower) and its basement may be shown prior to an accepted offer. Please do not disturb the other tenants. Showings of the other units can take place only upon receipt of an accepted offer.

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

Monthly payment estimate

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

Location

Similar homes in Ferndale

$899,900

4 bd · 2.5 ba · 2,673 sqft

1080 Alberta Street, Ferndale

Listing courtesy of Good Company

$800,000

4 bd · 1.5 ba · 2,856 sqft

762 W Oakridge Street, Ferndale

Listing courtesy of Max Broock, REALTORS®-Birmingham

$1,000,000

2 ba · 1,600 sqft

538 Laprairie Street, Ferndale

Listing courtesy of RE/MAX First

$1,000,000

2 ba · 1,647 sqft

544 Laprairie Street, Ferndale

Listing courtesy of RE/MAX First

See all Ferndale homes for sale →