538 Laprairie ST Ferndale, MI 48220
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Rent
Square Footage 1,600 sqft
Subdivision Woodward Farms
MLS Listing ID 20261069139
Style Bungalow
Full Baths 2
Year Built 1955
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type MultiFamily
Property Description
With the 3 built lots in a row, & the extraordinary depth of 254 feet makes this an incredibly attractive land package.
The story starts in the center with the original craftsman style bungalow 2-family home featuring two bedrooms on the first floor, & a spacious one bedroom upper unit, there is a full basement with separate laundry for each unit, private entries, and exits for all above grade entrances.
From 1953 to 1955 the home on Laprairie gained a sibling on each side. Never wanting to mess with success, the original owner built both new properties using the same floorplan as their existing 2-family. Improving upon the existing, red brick was chosen for exteriors, garages with separate stalls and the trio was complete.
Subsequent ownership through three generations (I have personally worked with all three generations) has provided a roadmap of consistent maintenance, capital improvements, long-term rental, history, and pride of ownership.
Recent years have meant some newer furnaces (5), air conditioners (6), kitchens (3), bathrooms (4), wood floors (3), windows (all), appliances and decor.
If the idea of a turnkey investment that has future potential beyond, what's already there this might be the package that you're looking for. These three are only being sold as a package. Only 552 Laprairie (Lower) and its basement may be shown prior to an accepted offer. Please do not disturb the other tenants. Showings of the other units can take place only upon receipt of an accepted offer.
Location
State MI
County Oakland
Area Area02258Ferndale
Rooms
Basement Full, Unfinished
Interior
Interior Features EntranceFoyer
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Laundry LaundryRoom
Exterior
Exterior Feature Lighting
Parking Features Garage, SharedDriveway
Pool None
Community Features Sidewalks
Utilities Available AboveGroundUtilities
View Y/N No
Roof Type Asphalt
Garage true
Building
Foundation Basement, Block
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Ferndale
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
Pets Allowed Cats Ok
NEARBY SCHOOL & BUSINESS
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