035 - 421 W Troy - OnDemand Pix Photography.jpg | Image 1

$359,000

421 W Troy St, Ferndale, MI

Name: 421 W Troy St, For Sale in Ferndale - eXp Commercial Brokerage
Brand: Real Broker Berkley
SKU: 20251020081
Price: 359000 CAD

Real Estate

For Sale

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Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential Income

Size 1484 sqft

Garage Yes

Taxes $4,376

Days Active 2

Lot Size

Approx. Age 1924

Avg. Price Per Sqft $241

MLS® Number 20251020081

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to one of the best blocks in Ferndale—where charm, community, and convenience come together in a city known for its vibrant energy and eclectic spirit. Ferndale is for fun, and this fantastic multi-family property places you right in the heart of it all. Just steps from downtown, with its local shops, dining, coffeehouses, and nightlife, this home is an ideal opportunity for both savvy investors and owner-occupants alike. Both leases are up this Fall. The second floor tenant pays $1, 100 and may want to renew. The property features numerous updates for modern living, including newer windows, roof, and furnace. The interiors have been freshly painted, and the lower unit’s updated kitchen shines with quartz countertops and a clean, contemporary feel. Central air conditioning ensures comfort during warm summer months, while a newer front porch adds welcoming curb appeal. Whether you’re looking for dual-rental income, multigenerational living, or want to convert the property into a spacious single-family home with an upstairs primary suite, this home offers versatile possibilities. The partially finished basement includes a separate room that can be used for storage, office space, or additional living area. Special added features include a carport, garden boxes, storage shed, and all appliances round out the list of thoughtful extras. Licensed as a rental with the City of Ferndale, this property is a turnkey income generator in one of Metro Detroit’s most sought-after and walkable communities. Don’t miss your chance to own a well-appointed, flexible-use home in a location that truly has it all. Schedule your private showing today and see how fun and functional Ferndale living can be.Show Description

MLS® Number20251020081

Laundry LevelCommon Area, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Washer Hookup

Central VacNo

FireplaceNo

Acreage0.12

ExteriorLighting

GarageYes

Approx. Age1924

BasementPartially Finished

DrivewayGarage, On Street, Parking Pad

Garage Spaces

HeatForced Air, Natural Gas

A/CCentral Air

Heating Fuel

Extras

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