Address
695 Livernois Street, Ferndale, MI
Price
$ 1,299,900
Property Attributes
  • ID#20240030666
  • TypeMulti-Family
  • CountyOAKLAND
  • CityFerndale
  • AreaFerndale
  • Zip48220
  • StyleTriplex,Traditional
  • Year Built1942
  • Taxes$ 7172
  • Price$ 1,299,900
  • Bedrooms6
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage3186
  • Lot Size0.1 Acres
Data Source:
RealComp
Property Description

Discover the future of living and investing—a seamlessly blended residential and commercial opportunity tailored for the ambitious young professional or savvy investor. This unique multi-unit property not only offers stylish, modern living spaces but also features mixed-use zoning, allowing you to dream big and diversify your investment portfolio. Whether you envision a bustling storefront, a chic salon, a Law Office, a Boutique Hotel, a profitable Airbnb venture, or a mixture of all - this property is your canvas. A one-of-a-kind investment breathing new meaning into the phrase Live-Work-Play. Seize the opportunity to shape your future in a place where lifestyle meets opportunity. This property is not just a building; it’s a gateway to a life of entrepreneurial freedom and residential bliss in one of the most spirited neighborhoods in Michigan. Engage with a property that will grow with your ambitions. Schedule your visit today and explore how your vision can turn into reality. Comprehensive marketing package available - Please reach out. BATVAI.

Price History
5/15/2024 Listed $1,299,900

General Features

Interior Features Laundry Facility
Net Operating Income 87705.00
Sewer Public Sewer (Sewer-Sanitary)
Heating Forced Air
Cooling Central Air
Possession At Close
Pets Allowed Yes
Exterior Features Private Entry
Zoning Commercial,Multi-Family,Multiple,Residential
Operating Expense 22020.00
Gross Scheduled Income 115500.00
Full Baths 5
Year Built 1942
Property Type Multifamily
Year Remodeled 2023
Deposit Amount 519960.00
Accessibility Features Common Area
Transaction Type Sale
OccupantName Alina Valentine
Basement Type Finished,Private
Status Active
Short Sale No
Construction Materials Brick,Vinyl
Cumulative Days on Market 35
MLS Area Ferndale
Directions N of 8 Mile Rd. & W of Woodward Ave
City Ferndale
Terms Offered Cash,Contract,Conventional
School District Ferndale
Land Contract Yes
Ownership Status Short Sale - No,Private Owned
Total Sq Ft 3186
DOM 35
Taxes 7172.0000
Legal Description T1N,R11E,SEC 33 POAD SUB LOTS 55 & 56,ALSO 1/2 OF VAC ALLEY ADJ TO SAME

Interior Features

Heating Fuel Natural Gas
Basement Y/N Yes
Total Units 3
Unit Count 3
Lock Box Type Appointment
Total Baths 5.00

Exterior Features

Lot Size Area 0.10
Water Source Public (Municipal)
Foundation Materials Block
Frontage Feet 41
Foundation Basement
Lot Size Dimensions 41 x 110
Porch Balcony,Porch - Covered,Deck,Porch
Roof Material Asphalt
Garage Y/N Yes
Road Frontage Type Paved
Water Heater Fuel Natural Gas
Architecture Level 2 Story
Architecture Style Triplex,Traditional

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via Remerica Hometown One and The Originating MLS(found above), © 2024 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of June 25, 2024 9:30 AM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Multi-Family Average in 48220

Price
AVG $420K
$1.3M
Taxes
AVG $4,468
$7,172
Visits
AVG 44
174
Data Provided by Inside Real Estate®
Year Built
AVG 1927
1942

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