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425 Vester, Ferndale, MI 48220

Ferndale
Local realty services provided by:CENTURY 21 Signature Realty
425 Vester,Ferndale, MI 48220
$619,000
  • - Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: nick jaafar, zack daher
Office: keller williams legacy
MLS#:61029565
Source:MI_REALSOURCE

Price summary

  • Price:$619,000

About this home

The investment opportunity of the year is here! Located in the heart of Ferndale, surrounded by exciting new development, this fully updated four-unit multifamily property offers exceptional income potential and turnkey appeal. The property features two upper units, each offering 2 bedrooms and 1 full bathroom, along with two lower units, each offering 1 bedroom and 1 full bathroom. Every unit has been updated with high-end finishes throughout. One unit is currently rented for $1,600 per month, with projected total rental income of approximately $6,700 per month. Also includes a coin operated washer and dryer used by all tenants. Whether you are looking to add a strong income-producing asset to your portfolio or begin your investment journey, this is an opportunity you will not want to miss. Schedule your private showing today!

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Home facts

  • Year built:1916
  • Subdivision & Development:Urbanrest
  • Listing ID #:61029565
  • Added:47 day(s) ago
  • Updated:October 29, 2026 at 10:48 AM

Rooms and interior

  • Total bathrooms:4
  • Full bathrooms:4
  • Basement Description:Block, Finished

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1916
  • Lot area:0.13 Acres
  • Construction Materials:Vinyl Siding, Wood
  • Foundation Description:Basement, Block

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$619,000
  • Tax amount:$11,640
MLS LogoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. MI_REALSOURCE Member Broker: Andrew Hauck

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