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1529 Silman Street, Ferndale, MI 48220

$314,900
  • 1529 Silman Street, Ferndale, MI 48220 Main Photo

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Active
BEDS0 BATHS2 full SQUARE FEET1,538 MLS#20261023151
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONFord Heights- Ferndale SCHOOLHazel Park

Property Description

Welcome to this beautifully maintained two-unit duplex, ideal for both owner-occupants and investors. Live in one unit while renting the other, or rent both for strong cash flow. The property generates $2,800/month in total rental income — the upper unit rents for $1,150 (lease through November 2025) and the lower unit rents for $1,650 (lease through May 2026). This clean, thoroughly updated, and fully occupied duplex features newer siding and windows, newly installed A/C units in both apartments, fresh hardwood floors, new vinyl flooring, and a remodeled lower-level bathroom. Each unit offers two bedrooms plus a spacious den, which can easily be used as a third sleeping area with a rolling closet. The entry-level unit includes a large covered front porch, while the upper unit features an enclosed private covered landing. The home also offers a full basement with shared washer and dryer, along with ample storage space. Outside, enjoy a large private backyard, fenced on three sides. Utilities are shared. A solid investment with excellent income potential and flexible living options.

1529 Silman Street | MLS# 20261023151

This multi-family property located at 1529 Silman Street, Ferndale, MI 48220 is currently listed for sale with an asking price of $314,900. Silman Street is located within the Hazel Park school district. Search Ferndale real estate on www.therealtycouple.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Partially Finished
Fuel Type: Natural Gas
Heating: Forced Air
Lot Size: 0.11 Acres
Year Built: 1923

Feature Descriptions

Architecture: Other
Days on Site: 43
Exterior: Brick, Vinyl
Foundation: Basement
Lot Dimensions: 0.11 Acre(s)
Lower Level Finished Sqft: 874
Road Frontage: Paved
Summer Tax: $8372.0000
Winter Tax: $65.0000

Local Schools

School District: Hazel Park

Listed By / Shown By

Listed By

Agency Name: EXP Realty Main
Agency Phone: (888) 501-7085

Shown By

Agent Name: The Realty Couple
Agent Phone: (734) 506-8841
Agency Title: Key Realty

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Estimated Payment

$ 1,853.31 per month $1,761.46 Principal & Interest $0.00 Property Tax (data not provided by mls) $91.85 Homeowner's Insurance

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