Attention Investors!! This is your chance to own a turnkey, Registered/Licensed, Airbnb that has averaged nearly $47,000 in rental income per year for the last three years. Fully furnished, two-studio/efficiency units, each with ample parking and private entrances. Close to restaurants and entertainment in downtown Ferndale-Royal Oak.
Sold for $231,150
$231,150
1030 E Ten Mile Rd, Ferndale, MI 48220
--beds
922sqft
Duplex
Built in 1920
-- sqft lot
$236,300 Zestimate®
$251/sqft
$1,421 Estimated rent
Home value
$236,300
$222,000 - $250,000
$1,421/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 31, 2023 at 11:13am
Listed by:
Brittany Nowlin 810-623-3454,
Real Estate One-Brighton
Bought with:
Kenneth J. Ritter, 6506036671
Real Estate One Clinton
Source: Realcomp II,MLS#: 20230009668
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 1
- Full bathrooms: 2
Heating
- Electric, Heat Pump, Separate Meters
Cooling
- Ceiling Fans, Wall Units
Appliances
- Laundry: Electric Dryer Hookup, In Unit, Washer Hookup
Features
- Windows: Energy Star Qualified Windows
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 922 sqft
- Finished area above ground: 922
Property
Parking
- Total spaces: 4
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 3,484 sqft
- Dimensions: 35.00 x 104.00
Details
- Parcel number: 2527226004
- Zoning description: MultiFamily
- Special conditions: Agent Owned,Short Sale No
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex,Ranch
- Property subtype: Duplex
Materials
- Vinyl Siding
- Foundation: Crawl Space
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1920
- Major remodel year: 2015
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Doors, Water Heater, Windows
Community & neighborhood
Location
- Region: Ferndale
- Subdivision: WOODWARD HEIGHTS ROYAL OAK ADD
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 3/21/2023 | Sold | $231,150+5.1%$251/sqft |
Source:  Realcomp II #20230009668 Report a problem | ||
| 2/21/2023 | Pending sale | $219,900$239/sqft |
Source: Realcomp II #20230009668 Report a problem | ||
| 2/10/2023 | Listed for sale | $219,900+33.3%$239/sqft |
Source: Realcomp II #20230009668 Report a problem | ||
| 12/9/2019 | Sold | $165,000-5.7%$179/sqft |
Source: Public Record Report a problem | ||
| 9/7/2018 | Listing removed | $175,000$190/sqft |
Source: RE/MAX Nexus #218076287 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,487 +3.4% | $93,040 +10.1% |
| 2023 | $5,305 +0.3% | $84,530 +9.2% |
| 2022 | $5,288 +1.9% | $77,410 +5.4% |
Find assessor info on the county website
Neighborhood: 48220
Nearby schools
GreatSchools rating
- NAFerndale Lower Elementary CampusGrades: K-3Distance: 1.1 mi
- 5/10Ferndale Middle SchoolGrades: 6-8Distance: 1.8 mi
- 6/10Ferndale High SchoolGrades: 9-12Distance: 1.8 mi
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Estimated market value
$236,300