1529 Silman, Ferndale, MI 48220
Local realty services provided by:CENTURY 21 Northland
Listed by: anthony djon, robert khoury
Office: anthony djon luxury real estate
MLS#:61000314
Source:MI_REALSOURCE
Price summary
- Price:$314,900
About this home
Fantastic investment opportunity in the heart of Ferndale! This well-maintained multi-family property features two separate units, making it ideal for investors or owner-occupants looking to generate rental income. The main-floor unit offers 3 spacious bedrooms, 1 full bathroom, beautiful hardwood flooring throughout most of the living areas, and a full basement providing ample storage and endless possibilities for additional use. This unit is currently leased through a one-year term at $1,725 per month, providing immediate rental income. The upper-level unit features its own private entrance, 2 bedrooms, 1 full bathroom, and a functional layout that offers comfort and privacy for tenants. Additional highlights include a brand-new central air conditioning system installed in 2025, laminate flooring in the kitchen and bedroom areas, a large covered front porch perfect for relaxing, and a generously sized backyard ideal for entertaining or outdoor enjoyment. Conveniently located near downtown Ferndale's shopping, dining, parks, and major freeways, this is an excellent opportunity to add a solid income-producing property to your portfolio. Schedule your private tour! Lower unit is currently leased for $1725 and is for a 1 year term May 2026 through April 2027 Upper unit is leased for $1180 and will go in effect July 2026 thorough June 2027...
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Home facts
- Year built:1923
- Listing ID #:61000314
- Added:50 day(s) ago
- Updated:July 29, 2026 at 10:47 AM
Rooms and interior
- Total bathrooms:2
- Full bathrooms:2
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1923
- Lot area:0.11 Acres
- Construction Materials:Brick, Vinyl Siding
- Foundation Description:Basement
- Levels:2 Story
Utilities
- Water:Public Water
Finances and disclosures
- Price:$314,900
- Tax amount:$8,640
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