4 Unit Ferndale Multi-Family Multi-Family FOR SALE


Ferndale, MI
$585,000 USD
248-662-5066
, Ferndale, MI for Sale
$585,000 USD
Multi-Family - FOR SALE
1/14
null | 10.1% Cap Rate

4 Unit Ferndale Multi-Family
Ferndale, MI


OVERVIEW

Forward Commercial Group (FCG) is pleased to present the opportunity to acquire two fully occupied residential rental properties, each consisting of two units, strategically located in the highly desirable Oakland County communities of Royal Oak and Ferndale. The properties provide immediate, stable cash flow, generating approximately $59,100 in current gross annual rental income. The assets also present a compelling value-add opportunity through below-market in-place rents, offering investors the ability to increase revenue over time while benefiting from continued neighborhood redevelopment, new residential construction, and sustained economic investment. The offering consists of two bungalow-style duplexes that are well positioned within established neighborhoods with strong long-term rental demand. Please do not disturb tenants.

ASK ABOUT THIS PROPERTY

Emil CherkasovForward Commercial Group LLCMore Info
248-662-5066

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Emil CherkasovForward Commercial Group LLCMore Info
248-662-5066

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