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217 E Drayton, Ferndale, MI 48220

Ferndale
Local realty services provided by:CENTURY 21 Realty North
217 E Drayton,Ferndale, MI 48220
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: keith jourdan
Office: preferred, realtors ltd
MLS#:70548600
Source:MI_REALSOURCE

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Price summary

  • Price:

About this home

TURN-KEY INVESTMENT OPPORTUNITY IN FERNDALE! This well-maintained duplex offers an excellent opportunity for investors and owner-occupants. The updated lower unit is vacant and ready for a new tenant (most recently rented for $1,700/month) or immediate owner occupancy. The upper unit is tenant-occupied with an active lease at $1,185/month, providing immediate rental income. The current property manager is available to continue managing the property for the new owner. Major capital improvements were completed in 2024, including a new roof, furnace, and hot water heater. The property has undergone regular preventative maintenance throughout ownership. Additional features include a spacious 2.5-car detached garage and a dry basement with lockable storage for each unit. Located just half a mile from downtown Ferndale with easy access to downtown Royal Oak and major highways, this low-maintenance property offers flexibility and long-term value in a desirable location. Buyer to verify all

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Home facts

  • Year built:1925
  • Listing ID #:70548600
  • Added:44 day(s) ago
  • Updated:September 11, 2026 at 04:29 AM

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1925
  • Construction Materials:Aluminum
  • Foundation Description:Basement

Finances and disclosures

  • Price:

Parking

  • Parking description:Additional Garage(s)
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