$399,900 for Sale
364 w cambourne street, ferndale, MI 48220
| Beds 4 | Baths 2 | 1,934 Sqft | 0.16 Acres |
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Property Description
Prime NW Ferndale Opportunity – Live in One, Rent the Other! Located in the highly sought-after NW Ferndale neighborhood, just a few blocks from the heart of downtown, this two-unit multifamily home is the perfect opportunity for investors or owner-occupants seeking flexibility and long-term value. Both upper and lower 2 bedroom units have previously rented for around $1,700/month with the lower unit being currently owner-occupied with tenant rights. Loaded with charm & smart updates, the home features hardwood floors, thermal windows, newer downstairs appliances, both bathrooms gutted in the last 5-7 years, outdoor sprinkler system, newer furnaces and water heaters, and separate utilities (except water)—ideal for streamlined tenant management. City of Ferndale Rental Certified, with an oversized detached 2 car garage and 50' wide lot along with covered front porch & backyard paver patio...this is a rare opportunity to own a versatile, income-generating property in a premium Ferndale location with strong neighborhood appeal. This property checks all the boxes to either expand your portfolio or look for a smart way to live affordably. Can easily turn back into a single family residence if preferred! The world is your oyster with this one!
General Information
Sale Price: $399,900
Price/SqFt: $207
Status: Active
MLS#: 20250035497
City: ferndale
Post Office: ferndale
Schools: ferndale
County: Oakland
Subdivision: woodward heights sub - ferndale
Acres: 0.16
Lot Dimensions: 50.00 x 137.00
Bedrooms:4
Bathrooms:2 (2 full, 0 half)
House Size: 1,934 sq.ft.
Acreage: 0.16 est.
Year Built: 1926
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Bedroom: 14.00 x 9.
Bedroom: 11.00 x 9.
Bedroom - Primary: 13.00 x 11
Bedroom - Primary: 10.00 x 11
Bath - Full: 7.00 x 5.0
Bath - Full: 7.00 x 6.0
Dining Room: 10.00 x 11
Dining Room: 13.00 x 12
Kitchen: 13.00 x 10
Kitchen: 11.00 x 11
Living Room: 13.00 x 14
Living Room: 18.00 x 12
Paved Road: Paved
Garage: 2 Car
Garage Description: Detached
Construction: Aluminum,Brick,Stone
Exterior: Aluminum,Brick,Stone
Exterior Misc: Lighting,Fenced
Fireplaces: 1
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Cooling: Central Air
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $8,578
Est. Winter Taxes: $226
Legal Description: T1N, R11E, SEC 27 WOODWARD HTS SUB LOT 249, ALSO 1/2 OF VAC ALLEY ADJ TO SAME
IDX provided courtesy of Realcomp II Ltd. via Tremaine Real Estate and Realcomp II Ltd, ©2025 Realcomp II Ltd. Shareholders
Listing By: Jolene L Jacobs of Good Company, Phone: (248) 733-5811
