695 Livernois St - Apartments FOR SALE


Ferndale, MI 48220
$1,050,000 USD
248-416-4882
695 Livernois St, Ferndale, MI for Sale
$1,050,000 USD
Apartments - FOR SALE
1/79
null | 8.35% Cap Rate

695 Livernois St
Ferndale, MI 48220


HIGHLIGHTS

  • Downtown Ferndale, thriving area, live-work space, up and coming Livernois Street

OVERVIEW

. Discover the future of living and investing- a seamlessly blended residential and commercial opportunity tailored for the ambitious young professional or savvy investor. This unique multi-unit property not only offers stylish, modern living spaces but also features mixed-use zoning, allowing you to dream big and diversify your investment portfolio. Whether you envision a bustling storefront, a chic salon, a Law Office, a Boutique Hotel, a profitable Airbnb venture, or a mixture of all - this property is your canvas. A one-of-a-kind investment breathing new meaning into the phrase Live-Work-Play. Seize the opportunity to shape your future in a place where lifestyle meets opportunity. This property is not just a building; it’s a gateway to a life of entrepreneurial freedom and residential bliss in one of the most spirited neighborhoods in Michigan. Engage with a property that will grow with your ambitions. Schedule your visit today and explore how your vision can turn into reality. Land Contract terms available. BATVAI SEND OFFERS TO: Alinasells@gmail.com/Contact 248-808-2952 for showings

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$263 USD /SF

# OF UNITS

3

PRICE/UNIT

$350,000

CAP RATE

8.35%

% LEASED

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Unicorn

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1942

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,510 SF

ZONING

Mixed Use 2

APN/PARCEL ID

25-33-435-027

ASK ABOUT THIS PROPERTY

Katie KutscherReal Estate One-Royal OakMore Info
248-416-4882

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Katie KutscherReal Estate One-Royal OakMore Info
248-416-4882

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.