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400 E Cambourne, Ferndale, MI 48220

Ferndale
Local realty services provided by:CENTURY 21 Signature Realty
400 E Cambourne,Ferndale, MI 48220
$369,000
  • - Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: christopher stearns
Office: cjr realty
MLS#:61039356
Source:MI_REALSOURCE

Price summary

  • Price:$369,000

About this home

Fully occupied 2 unit investment property. Updated and income producing from day one! This is the perfect opportunity to purchase a fully occupied large 2 unit investment property close to Downtown Ferndale! Historically keeps 100% occupancy due to the condition and proximity to downtown Ferndale for all the shops, restaurants, and nightlife! Rents can be increased to market rates for an increase in income. There is a common hallway and basement. All utilities except water are separated out. Property has been certified with Ferndale consistently as a rental. Capital improvements made by current owner are: Secure Garage to current codes (old grandfathered in large garage) Installed central AC Sewer lines upgraded to PVC House hack and live in 1 unit renting the other to cover a majority of the mortgage. Current taxes are non homestead. Please note that this property has no driveway. Do not approach property or disturb current tenants!!! Listing agent is part of the ownership of listing.

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Home facts

  • Year built:1929
  • Subdivision & Development:Astonsof Knowles Heights
  • Listing ID #:61039356
  • Added:13 day(s) ago
  • Updated:October 29, 2026 at 10:48 AM

Rooms and interior

  • Total bathrooms:2
  • Full bathrooms:2
  • Basement Description:Block, Common

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1929
  • Lot area:0.09 Acres
  • Construction Materials:Brick
  • Foundation Description:Basement, Block
  • Levels:2 Story

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$369,000
  • Tax amount:$9,645
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