Ferndale, MI 48220,242 W Webster ST
Ferndale, MI 48220,242 W Webster ST
Ferndale, MI 48220,242 W Webster ST
28
$427,500
Est.Price: ?

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2 BA
1,860 SqFt

242 W Webster ST Ferndale, MI 48220

Est. payment /mo
SOLD DATE : 10/31/2025

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Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Sold

Purchase Type For Sale

Square Footage 1,860 sqft

Price per Sqft $219

Subdivision Adolph Slomans Woodward Blvd

MLS Listing ID 20251024095

Sold Date 10/31/25

Style Colonial,Duplex

Full Baths 2

Year Built 1926

Property Sub-Type MultiFamily

Property Description

Fully renovated duplex in the heart of Ferndale, just minutes from downtown. Both units feature private balconies (upper and lower), quartz countertops, modern stainless steel appliances and full private basement with in unit laundry. A 2 car garage and updated mechanicals (furnace, AC, and plumbing -all within last 5yrs) add to value. Excellent income producing property generating $46,000+ annually. The first floor unit is set up as a short term rental (Airbnb) with 100% occupancy for the last 2 years, averaging $2,300/ month. The second floor unit is currently leased at $1,930/month with a consistent 2+ year rental history. Perfect for investors, house-hackers or owner-occupants looking to offset their mortgage. Don't miss this turnkey opportunity in one of Metro Detroit's hottest rental markets! Owner is a licensed agent.

Location

State MI

County Oakland

Area Area02258Ferndale

Rooms

Basement Private, Unfinished

Interior

Heating ForcedAir, NaturalGas

Exterior

Pool None

View Y/N No

Garage false

Building

Foundation Basement, Block

Sewer PublicSewer

Water Public

Schools

School District Ferndale

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

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Realcomp MLS
Listed by Wendi L Miller of Good Company
Bought with KW Domain

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Forest Dorling

Forest Dorling

Expert Home Buying & Selling Guide | License ID: 6501435737

+1(586) 303-0901

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