Baths2
Sq.Ft.1,354
Year1923
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Status:
Active
Property Type:Multi-Family
MLS #:60273022
Sq. Feet:1,354
On Site:15 Days
Lot Size:0.11 Acres
County:Oakland
Rare opportunity! Turn key income producing property in thriving downtown location! Only a few minutes walk to shopping, nightlife, restaurants, entertainment, and more! Near major expressways and famous Woodward Ave! Lower unit features hardwood floors, neutral paint throughout, a fantastic kitchen, spacious living room, and applications are currently being reviewed for $1295/mo. rate. Upper is currently rented at $995/mo. Full basement includes a newer furnace and hot water tank. Appliances included. Tenants pay utilities, Electric has separate meters, gas/water is shared. Landlord owns stove/fridge in both units and washer and dryer in basement. Rental Certified through 9/6/25.
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Price Change History
| Date | Old Price | New Price | Percent Change |
| 11/28/2023 | $289,000 | $284,900 | -1.4% |
Community Information
Address:541 Pearson St, Ferndale, MI 48220
Area:Ferndale (63258)
County:Oakland
City:Ferndale
Schools:Ferndale City School District
Subdivision:Elsinore Sub
Zip Code:48220
Architecture
Bathrooms:
2
Year Built:1923
Stories:1.5
Exterior Construction: Aluminum
Foundation Type: Basement
Basement Type: Block
Features / Amenities
Heating System: Forced Air
Fuel Type: Natural Gas
Property Features
Lot Size:
0.11 Acres
Lot Dimensions:40x122
Water: Public Water
Sewer Septic: Public Sanitary
Roads: Paved Street
Zoning:Multi-Family
Directions:S OF 9 MILE, WEST OF WOODWARD
Tax and Financial Info
Originating MLS: RealComp
Financial Terms: Cash, Conventional, FHA, VA
Summer Taxes: $3,774
Winter Taxes: $92
Signed Disclosure: Yes
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541 Pearson St Ferndale, MI 48220
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Listing provided courtesy of Keller Williams Somerset (248-649-7200).
Listing Information Last Updated December 4, 2023 7:00 AM EST
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
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Copyright 2023 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
