44
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$299,900
Est. payment /mo
3 Baths
6,534 Sqft Lot
New
221 Silman Street Ferndale, MI 48220
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Ferndale City
Subdivision Ferndale City
MLS Listing ID 20251026784
HOA Y/N true
Year Built 1948
Annual Tax Amount $12,198
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 50 X 130 x 50 x 130
Source Realcomp
Property Description
Investor special – this multi-family brick bungalow offers strong potential with the right vision and updates. Sold strictly as-is, the property is in need of work, but presents a solid opportunity for renovation, rental income or can be converted back to single family residence! With nearly 2,000 total square feet, the home is laid out with two bedrooms and a full bath on each level, along with a kitchen on both floors – ideal for multi-generational living or duplex-style rental. The main floor features a living room with a fireplace, a built-in corner hutch in the adjoining dining room, and a kitchen with ceramic tile countertops. A screened porch off one of the bedrooms adds additional living space during warmer months. Upstairs, the second unit includes a family room, two bedrooms, a full bath, and a kitchen with some updates already completed. The basement is full and unfinished, offering a half bath and ample storage or potential for future development. The exterior is low-maintenance brick, with a concrete front porch, fenced yard, and a one-car detached garage. There is no A/C Unit. The home has good natural light with plenty of windows throughout. Located in a convenient area with easy access to local freeways and amenities, this property is well-positioned for commuting and everyday needs. Whether you're looking to renovate for resale or hold as a rental, this property offers flexibility and long-term upside. Bring your ideas and take advantage of this investment opportunity.
Location
State MI
County Oakland
Area Oakland County - 70
Zoning Residential
Direction East of Woodward - Between 8 and 9 Mile Road. From 696, South on Woodward, East on Silman - between 8 and 9 mile Roads. House is on left
Interior
Heating Baseboard
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Ferndale
Others
Tax ID 2534428037
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by National Realty Centers, Inc
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