351 Edgewood, Ferndale, MI 48220
Local realty services provided by:CENTURY 21 Northland
351 Edgewood,Ferndale, MI 48220
$400,000
- - Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: andrea stephan
Office: the stephan group
MLS#:60998960
Source:MI_REALSOURCE
Price summary
- Price:$400,000
About this home
Located just minutes from vibrant downtown Ferndale, this well-maintained duplex offers multiple investment strategies, whether you're looking for a house hack, long-term rental property, or value-add opportunity. The lower unit is currently owner-occupied, providing flexibility for an owner-occupant or investor. Both units feature separate gas and electric meters, separate central A/C systems, and additional mini-split units for enhanced comfort and efficiency. There are two sets of washers and dryers in the basement, allowing each unit to have its own laundry facilities. There is locked storage in the basement that is available for each unit. There is a large parking pad in the backyard with three parking spaces. The lower unit is a two bedroom, one bathroom. The updates include kitchen cabinets, flooring, and appliances, full bathroom remodel and AC unit. The upper unit is a three bedroom, two bathroom. The updates include updated kitchen, bathrooms and finished third floor for extra living space. The upper unit is tenant occupied with a one year lease. There is also an opportunity to expand the third-floor to a one bedroom unit. With the appropriate approvals and renovations, the area could potentially be converted into a studio or one-bedroom unit, creating an additional income stream and increasing the property's overall value. The owner currently pays for lawn care and snow removal. BTVAI...
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Home facts
- Year built:1925
- Subdivision & Development:Adolph Slomans Woodward Blvd
- Listing ID #:60998960
- Added:150 day(s) ago
- Updated:November 01, 2026 at 02:48 PM
Rooms and interior
- Total bathrooms:3
- Full bathrooms:3
- Basement Description:Block, Common
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1925
- Lot area:0.1 Acres
- Construction Materials:Cedar, Vinyl Siding
- Foundation Description:Basement, Block
Utilities
- Water:Public Water
Finances and disclosures
- Price:$400,000
- Tax amount:$7,676
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