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242 W WEBSTER Street

$ 249,900
242 W WEBSTER ST ,
47
Active

Description

Incredible investment opportunity within 1 mile of downtown Ferndale. Solid, brick multi-family with unbelievable potential; Two 2 bedroom, 1 bath flats, each with private exterior entry and just under 1000 sq ft of above ground living space. Potential for each unit to have a private basement for additional living space. Great income potential, with renovations each unit could lease for up to $1500 per month. 2 New furnaces, separate meters, 2 car garage. Seller will install new a/c & h2o for each unit with acceptable offer.

Address: 242 W WEBSTER ST
City:
State/County:
Zip: 48220
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Property Id : 27366
Price: $ 249,900
Bedrooms: 2
Bathrooms: 2
Building size: 0.10 acres
Available Space: 1860 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Architecture Style: Upper/Lower Apartment
Assessment: 286
Basement Type: Common,Unfinished
Baths Full: 2
Baths Half: 0
CDOM: 3
CoList Agent MUI: 50367
CoList Agent Direct Work Phone: 2487036203
CoList Agent Email: leslie@hardycosgrove.com
CoList Agent FullName: Leslie Hardy
CoList Agent MLSID: 327467
CoList Office MUI: 270063949
CoList Office MLSID: 391898
CoList Office Name: KW Domain
CoList Office Phone: (248) 590-0800
Construction Materials: Brick
County Or Parish: Oakland
Cooling: Ceiling Fan(s),Central Air,Separate Meter
Directions: West on Webster Off Of Woodward
Directions From EastWest: W
Directions From EastWest Detail: Woodward
Directions From NorthSouth: N
Directions From NorthSouth Detail: 8 Mile
DOM: 3
Exterior Features: Outside Lighting
Foundation Details: Basement
Foundation Materials: Block
Frontage Feet: 35
Gross Scheduled Income: 0.00
Heating: Forced Air
Heating Fuel: Natural Gas
Income Projection: Projected
Interior Features: Cable Available
Last Change Type: New
List Office Name: KW Domain
List Price By Acre: 2499000.0000
Lockbox Location: Front Door
Lock Box Type: Appointment/LockBox
Living Area Source: Public Records
Lot Size Dimensions: 35.00X122.00
MLS: Realcomp II Ltd
MLS Area Major: Ferndale
MLS Area Major Number: 02258
MLS Number: 219121280
MF Parking: Garages,On Street
Monthly Rental Income: 36000
Number Of Units Leased: 0
Annual Net Income: 0.00
Number Of Units Total: 2
Open House Public Count: 0
Original List Price: 249900.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: 2534452047
Postal City: Ferndale
Postal Code Plus 4: 3238
Property Type: Multifamily
Protection Period: 60
Parking Total: 2
Pets Allowed: Yes
Porch Type: Balcony,Deck,Porch - Covered
Road Frontage Type: Paved,Pub. Sidewalk
Roof Material: Asphalt
Room Count: 0
School District: Ferndale
Settlement: City
Sewer: Sewer-Sanitary
Short Sale: No
Side Of Street: N
State Equalized Value: 94940.0000
Street Dir Prefix: W
Street Name: WEBSTER
Street Number: 242
Street Suffix: Street
Subdivision Name: ADOLPH SLOMAN'S WOODWARD BLVD SUB
Sqft Combined: 1860
Sqft Total Bsmt: 930
Table: Multi Family
Tax Amount Summer: 3290.0000
Tax Amount Winter: 84.0000
Tax Legal Description: T1N, R11E, SEC 34 ADOLPH SLOMAN'S WOODWARD BLVD SUB LOT 320, ALSO 1/2 OF VAC ALLEY ADJ TO SAME
Title: Private - Owned
Total Tax: 3374.0000
Unit Count: 1
Unit Efficiency Number Of: 0
Unit Four Bed Number Of: 0
Unit Loft Number Of: 0
Unit One Bed Number Of: 0
Unit Three Bed Number Of: 0
Unit Two Bed Number Of: 2
Water Heater Fuel: Natural Gas
Water Source: Municipal Water
Year Built: 1926
Zoning: Multi-Family
Customer Comment: Yes
Encroachment: No
Exclusions: No
Existing Lease: No
Inventory List: No
Land Contract: No
Legal Rental Certified: No
Publish Sale Price: Yes
Restrictions: No
Waterfront: No
Basement: Yes
Down Payment Resource: No
Percent Homestead Exempt: Yes
Pool: No
IDX provided courtesy of Realcomp II Ltd., via KW Domain and Realcomp, © 2021 Realcomp II Ltd. Shareholders.

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