tomo logo

$235,000

Beds
3
Baths
1.0
sq ft
1,053

2017 Martin Rd, Ferndale, MI 48220

2017 Martin Rd

Ferndale, MI 48220

  • 2 days on market
Investment Property: Turnkey Rental HomeSeize this incredible opportunity to own a rental property in the vibrant community of Ferndale, Michigan. This 1,053 sqft home, currently occupied by reliable tenants paying $1,720 per month, ensures immediate income and a hassle-free investment.Property Features:The home has a spacious and inviting living area with an enclosed contemporary kitchen with granite countertops and plenty of cabinet space.There are three comfortable bedrooms, each offering ample space and natural light.The full bathroom has been beautifully updated and features modern fixtures and finishes.All appliances are included.A generous backyard ideal for outdoor activities, gardening, or future enhancements.Parking: Convenient off-street parking is available. Investment Highlights: Current Lease: Tenants paying $1,720 per month, providing immediate cash flow. Updated Interior: Recent updates to the bathroom and kitchen make this home appealing and move-in ready. All drain pipes including under slab and to street have been replaced with PVC in 2020. New flooring throughout at that time. Steady Income: Consistent rental payments ensure a stable return on your investment. Future Growth: The property's location in the growing Ferndale area promises potential for appreciation and increased rental demand. Don't miss out on this exceptional investment opportunity. Contact us today to schedule a viewing and secure your future income.

Details

Property type

Single Family Residence

Lot size

4,356 sq ft

Price per sq ft

$224

Year built

1958

Annual property taxes

$2,325.83

Price History

03/01/2025
Realcomp

Realcomp #81025007436

Listed
$235,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Hazel Park

Status: Active

Tomo last checked: 03/04/2025 at 8:25 AM

Listing updated: 03/01/2025 at 4:24 PM

Listed by: Katrin Schniedertoens, Katrin Schniedertoens, KW ProfessionalsKW Professionals Phone #: (734) 459-4700

MLS: Realcomp #81025007436

Realcomp logo

Recently listed in Ferndale

$180,000|2 bd|1.0 ba|House
$235,000|3 bd|1.0 ba|House
$240,000|3 bd|1.0 ba|House
$369,900|3 bd|2.0 ba|House
$225,000|2 bd|1.0 ba|House
$469,900|3 bd|2.5 ba|House
$309,900|3 bd|2.0 ba|House
$160,000|2 bd|1.0 ba|House
$239,900|3 bd|1.0 ba|House
$234,900|3 bd|1.0 ba|House