1529 Silman ST, Ferndale, MI 48220
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1529 Silman ST, Ferndale, MI 48220
1529 Silman ST, Ferndale, MI 48220
1529 Silman ST, Ferndale, MI 48220
1529 Silman ST, Ferndale, MI 48220
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$ 314,900
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1529 Silman ST Ferndale, MI 48220

2 Baths

1,538 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 1,538 sqft

Price per Sqft $204

Subdivision Ford Heights- Ferndale

MLS Listing ID 20261023151

Style Other

Full Baths 2

Year Built 1923

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type MultiFamily

Property Description

Welcome to this beautifully maintained two-unit duplex, ideal for both owner-occupants and investors. Live in one unit while renting the other, or rent both for strong cash flow. The property generates $2,800/month in total rental income — the upper unit rents for $1,150 (lease through November 2025) and the lower unit rents for $1,650 (lease through May 2026).

This clean, thoroughly updated, and fully occupied duplex features newer siding and windows, newly installed A/C units in both apartments, fresh hardwood floors, new vinyl flooring, and a remodeled lower-level bathroom. Each unit offers two bedrooms plus a spacious den, which can easily be used as a third sleeping area with a rolling closet.

The entry-level unit includes a large covered front porch, while the upper unit features an enclosed private covered landing. The home also offers a full basement with shared washer and dryer, along with ample storage space. Outside, enjoy a large private backyard, fenced on three sides. Utilities are shared.
A solid investment with excellent income potential and flexible living options.

Location

State MI

County Oakland

Area Area02258Ferndale

Rooms

Basement Full, Partially Finished

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Pool None

View Y/N No

Garage false

Building

Foundation Basement, BrickMortar

Sewer Public Sewer

Water Public

New Construction No

Schools

High Schools Hazel Park

School District Hazel Park

Others

Senior Community false

Acceptable Financing Cash, Conventional, FHA, VaLoan

Listing Terms Cash, Conventional, FHA, VaLoan

Special Listing Condition ShortSale, Standard

Pets Allowed No


Realcomp MLS
Listed by Masudur Chowdhury of EXP Realty Main
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Premier Agent Network

Broker | License ID: 01932176

+1(877) 663-9366

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1529 Silman ST