1416 Leroy Street Ferndale MI 48220 MLS #20251024767

1416 Leroy Street
Ferndale, MI, 48220
$329,999
Beds
2 Baths
1,244 SqFt
0.14 Acres
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Fantastic investment opportunity to own a duplex located in the highly sought after city of Ferndale. Building offers great opportunities from a first-time home buyer who can live in one unit and rent out the other or any investor to add to their portfolio and own in a fantastic and quickly growing community. Each unit is 2 bedrooms 1 full bathroom. First floor offers a beautiful covered front porch perfect for enjoying the wonderful summer and fall weather Michigan has to offer with spacious living room that flows directly into the dining room and kitchen. Upstairs has been nicely renovated and boasts a very nice open concept floor plan making the unit feel far bigger. Each unit has separate entrances and the building sits on a larger lot with extended driveway offering tenants off street parking adding perks to obtaining higher rent. Situated just steps from the award-winning night life and restaurants Ferndale has to offer on Woodward Ave plus just a quick drive to the awesome city of Royal Oak. This multifamily is a can’t lose investment for any purchaser.

Property Details

Price:
$329,999
MLS #:
20251024767
Status:
Active
Beds:
0
Baths:
2
Address:
1416 Leroy Street
Type:
Single Family
Subtype:
Multi Family
Subdivision:
LEGGETT FARM
Neighborhood:
02258 – Ferndale
City:
Ferndale
Listed Date:
Aug 6, 2025
State:
MI
Finished Sq Ft:
1,244
ZIP:
48220
Year Built:
1924
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Meet Andrea Stephan, an accomplished real estate professional with industry experience and a heart dedicated to service. With a background in education, Andrea began her journey as a former teacher, where her passion for nurturing others blossomed. Transitioning seamlessly into the business world, Andrea played a pivotal role in building a property management company from the ground up. Her relentless dedication and innate ability to connect with others have been instrumental to her success. C…

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Schools

School District:
Ferndale

Interior

Bathrooms
2 Full Bathrooms
Cooling
Central Air
Heating
Forced Air, Natural Gas

Exterior

Architectural Style
Bungalow
Construction Materials
Aluminum Siding

Financial

Net Operating Income
$18,891
Taxes
$7,118

Map

Community

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1416 Leroy Street
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