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1447 Albany ST, 
Ferndale, MI 48220

$360,000

—

Bed

5

Baths

2,400

Sq Ft

Multi-Family

Active

Listed by

Emil Cherkasov

, 

Rachelle Cherkasov

Forward Commercial Group

, 

Forward, Realtors

248-662-5066

Last updated:

October 26, 2026, 09:57 AM

MLS#

20261083867

Source:

MI REALCOMP

About This Home

1447 Albany ST

Fully Occupied Two-Unit Investment | Updated & Income-Producing. An excellent opportunity to acquire a fully occupied two-unit bungalow offering immediate rental income and long-term investment potential. Both units feature separate entrances, with the main unit offering 2 bedrooms, 2 full baths and 2 half-baths, and the upper unit offering 2 bedrooms and 1 full bath. Significant capital improvements include a 2023 roof, furnaces replaced in 2020 and 2024, a 2023 hot water heater, and fully renovated kitchens and bathrooms in both units in 2018. Additional features include a full basement and spacious backyard. Conveniently located just minutes from downtown Ferndale, with easy access to shopping, dining, parks and other amenities. An income-producing investment with substantial improvements already completed. Do Not Disturb Tenants.

Home Facts

Multi-Family

5 Baths

Built in 1924

Subdivision & Development:

LEGGETT FARM

Price Summary

360,000

$150 per Sq. Ft.

MLS #:

20261083867

Last Updated:

October 26, 2026, 09:57 AM

Added:

11 day(s) ago

Rooms & Interior

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

3

Interior

Living Area:

2,400 Sq. Ft.

Structure

Structure

Architectural Style:

Bungalow, Upper Lower Apartment

Year Built:

1924

Lot

Lot Size (Sq. Ft):

6,098

Finances & Disclosures

Finances

Price:

$360,000

Price per Sq. Ft:

$150 per Sq. Ft.

MLS Logo
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.