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392 E Cambourne, 
Ferndale, MI

$275,000


Bed


3

Baths


-

Sq Ft


Multi-Family

Active

Listed by

Katie Nanney

Brookstone, Realtors LLC.

248-963-0505

Last updated:

July 27, 2025, 10:14 AM

MLS#

60920549

Source:

MI REALSOURCE

About This Home

392 E Cambourne

Income generating Ferndale duplex within walking distance to downtown! This is a perfect opportunity to live in one unit while renting out the other, or lease out both units for maximum income generating potential. Currently rental certified through the city until 7/3/26. Units are separately metered for gas and electric, with one meter for water that is prorated 75%/25% between lower and upper units. Tenants pay all utilities. Upstairs unit is currently vacant, but was recently rented out at $1,100/month. Lower unit has had the same tenant for around 30 years, currently paying $1600/month plus $25/month for cat rent with existing lease in place until January 2028, with rent increase built in to current agreement to $1650/month plus cat fee in February 2026 and to $1700/month plus cat fee in February 2027. Lower unit has full access to the backyard, driveway, basement, and garage.

Home Facts

Multi-Family

3 Baths

Built in 1937

Price Summary

275,000

MLS #:

60920549

Last Updated:

July 27, 2025, 10:14 AM

Added:

6 day(s) ago


Rooms & Interior

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3


Structure

Structure

Year Built:

1937


Lot

Lot Size (Sq. Ft):

7,840


Finances & Disclosures

Finances

Price:

$275,000

Source:MI REALSOURCE
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