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590 E LEWISTON Avenue Ferndale, MI 48220
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Key Details
Sold Price $1,300,000
Property Type Multi-Family
Sub Type Common Entry Building
Listing Status Sold
Purchase Type For Sale
Square Footage 9,038 sqft
Price per Sqft $143
Subdivision Michelson Woods Sub
MLS Listing ID 2210048156
Sold Date 10/04/21
Style Common Entry Building
Bedrooms 10
Full Baths 10
Originating Board Realcomp II Ltd
Year Built 1957
Annual Tax Amount $16,528
Lot Size 0.300 Acres
Acres 0.3
Lot Dimensions 100.00X131.00
Property Description
Call for offers due July 2nd. 10 unit apartment building in highly appreciating Ferndale! Sellers have proven value add through renovating 5 of the units to increase rent significantly. Still 5 units remaining which leave a lot of value for the buyer. Property is extremely clean and well maintained/managed. Management in place could be transferred to the buyer. Multiple offers received. Showings only allowed after accepted LOI or Purchase Agreement. Agent has ownership interest in the property.
Location
State MI
County Oakland
Area Ferndale
Zoning Multi-Family
Direction N on Woodward, E on Lewiston
Rooms
Basement Common
Interior
Interior Features Cable Available, High Spd Internet Avail, Laundry Facility
Hot Water Natural Gas
Heating Forced Air
Cooling Wall Unit(s)
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Garage Spaces 10.0
Pool No
Waterfront no
Road Frontage Paved, Pub. Sidewalk
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Common Entry Building
Level or Stories 2 Story
Structure Type Brick,Other
Schools
School District Ferndale
Others
Pets Allowed Yes
Tax ID 2527455005
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Rebuilt Year 2021
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Signature Sotheby's International Realty Bham
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