$270,000
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392 E Cambourne Street Ferndale, MI 48220
2 Beds
3 Baths
1,416 SqFt
Key Details
Property Type Multi-Family
Sub Type Bungalow,Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,416 sqft
Price per Sqft $191
Subdivision Astonsof Knowles Heights
MLS Listing ID 20251018932
Sold Date 10/27/25
Style Bungalow,Duplex
Bedrooms 2
Full Baths 3
Year Built 1937
Annual Tax Amount $10,213
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 60X131.5
Property Sub-Type Bungalow,Duplex
Source Realcomp II Ltd
Property Description
Attention! Back on market and fully leased out with two great tenants! Income generating Ferndale duplex within walking distance to downtown! Units are separately metered for gas and electric, with one meter for water that is prorated 75%/25% between lower and upper units. Tenants pay all utilities. Upstairs unit is currently rented at $1,100/month through August 2026. Lower unit has had the same tenant for around 30 years, currently paying $1625/month with existing lease in place until January 2028, with rent increases built in to current agreement to $1675/month in February 2026 and to $1725/month in February 2027. Lower unit currently has full access to the backyard, basement, and garage. Fully rental certified, and inspection with city is good through July 2026.
Location
State MI
County Oakland
Area Ferndale
Zoning Residential
Direction North of 9 Mile Rd, east of Woodward
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling Window Unit(s)
Fireplace no
Heat Source Natural Gas
Exterior
Exterior Feature Fenced
Road Frontage Paved
Garage yes
Private Pool No
Building
Foundation Basement
Sewer Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Bungalow, Duplex
Level or Stories 2 Story
Structure Type Vinyl
Schools
School District Ferndale
Others
Pets Allowed Yes
Tax ID 2527452013
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
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©2025 Realcomp II Ltd. Shareholders
Bought with The Agency Hall & Hunter