541 Pearson St, Ferndale, MI 48220
- $281,500
- 2
- BA
- 1,354
- SqFt
- Sold Price
- $281,500
- List Price
- $279,900
- Closing Date
- Jan 22, 2024
- MLS#
- 20230096636
- Status
- CLOSED
- Bathrooms
- 2
- Subdivision
- ELSINORE SUB
Property Description
Rare opportunity! Turn key income producing property in thriving downtown location! Only a few minutes walk to shopping, nightlife, restaurants, entertainment, and more! Near major expressways and famous Woodward Ave! Lower unit features hardwood floors, neutral paint throughout, a fantastic kitchen, spacious living room, and applications are currently being reviewed for $1295/mo. rate. Upper unit is currently rented at $995/mo. until Nov. 2024. Full basement includes a newer furnace and hot water tank. Appliances included. Tenants pay utilities, Electric has separate meters, gas/water is shared. Landlord owns stove/fridge in both units and washer and dryer in basement. Rental Certified through 9/6/25.
Additional Information
- Year Built
- 1923
- Basement Type
- Unfinished
- Acres
- 0.11
- Acres
- 0.11
- School District
- Ferndale
- Heating
- Forced Air, Natural Gas
Mortgage Calculator
Courtesy of Keller Williams Somerset 2486497200
Selling Office: Good Company.
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