3 units at 1000 SF each, this is a fully leased building. Roof redone in 2010, 2013 city inspections approved, Recent updates to mechanical systems, recently painted the exterior, interiors are in good shape , each unit has its own bathroom and mechanicals . Tenants take care of the grass and snow, landlord is paying the taxes and insurance which includes a dumpster and a boiler maintenance program. Parking lot behind building and street parking in front, billboard on south side is leased for $1300 per year income to landlord. All units have separate gas and electric meters. Tenants are also paying for water. All units have air conditioning.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
—
Year renovated
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Sq. Ft.
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Year built
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Style
Unknown
County
Oakland County
APN
2534278055
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Sep 14, 2024.
MXD-2
Corridor Mixed Use District
To accommodate commercial and other uses along the City’s major transportation corridors often served by transit and to promote development that is comfortably accessible via all modes of transportation, including bicycles, and walking. Commercial uses in the MXD-2 District may be somewhat larger in scale and more intense than the MXD-1 District. While the ground floors along streets are intended for commercial uses, the upper stories are designed to accommodate residential and or office uses. This district discourages undesirable strip commercial development and the concentration of larger scale, auto-oriented uses such as drive-thru facilities.
Permitted uses
Include but are not limited to:
Bank
Day care facility
Laundromat
General retail
Retail-Grocery
Restaurant
Tavern / bar / nightclub / micro-Brewery
Hotel / motel
Mixed use building
Office
Property details
Exterior
Property Information
Year Built: 19
Lot Information
Lot Size: 60,100.33
Land Contract Terms Months: 60
Land Contract Monthly Payment: $1,250
Land Contract Interest Rate: 7
Land Information
Acreage: 0.14
Frontage: 60
Financial
Tax/Assessments Information
Total Tax Amount: $4,854
Has Assessments
Assessments Amount: $220
Location
Mult-Unit Information
Net Operating Income: $67,500
Address Information
Street Designation: Road
Location Details
Directions: South of 9 Mile on Hilton
Municipality Type: City
Municipality: Ferndale
Area (Municipality): Ferndale (63258)
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Unknown
Year Built: —
Year Renovated: —
County: Oakland County
APN: 2534278055
Home facts updated by county records on Sep 14, 2024
Around this home
Schools
Ferndale Lower Elementary Campus
Public K-3 • Assigned • 2.2mi
Ferndale Middle School
Public 6-8 • Assigned • 1.4mi
6/10
Ferndale High School
Public 9-12 • Assigned • 1.4mi
7/10
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Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Ferndale, MI • 48220 2547
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Sun exposure
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