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425 Vester Street, Ferndale, MI 48220

Ferndale
Local realty services provided by:CENTURY 21 Metro Brokers
425 Vester Street,Ferndale, MI 48220
$619,000
  • - Beds
  • 4 Baths
  • 2,773 sq. ft.
  • Multi-family
  • Active
Listed by: nick jaafar, zack daher
Office: keller williams legacy
MLS#:20261073555
Source:MI_REALCOMP

Price summary

  • Price:$619,000
  • Price per sq. ft.:$223.22

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 #:20261073555
  • Added:1 day(s) ago
  • Updated:September 12, 2026 at 04:13 PM

Rooms and interior

  • Total bathrooms:4
  • Full bathrooms:4
  • Basement Description:Finished
  • Living area:2,773 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1916
  • Building area:2,773 sq. ft.
  • Lot area:0.13 Acres
  • Architectural Style:Raised Ranch
  • Construction Materials:Vinyl Siding, Wood Siding
  • Foundation Description:Basement, Block
  • Levels:Three

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$619,000
  • Price per sq. ft.:$223.22
  • Tax amount:$11,640
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