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Ferndale, MI, 48220 • 48220 • Oakland County
$150/sqft
4Beds
2Baths
1,996Sqft
0.15 acLot
1948Built
Bungalow,Upper Lower Apartment Style
Built 1948 · 78 years of history
STORMFELTZ-LOVELY CO WOODWARD AVE
48220
Outdoor Living
Patio · Porch
Demand and pricing signals for this listing
18 views
People checking out this listing
141 days on market
Established listing
$150/sqft
Price per square foot
Multi Family · Built 1948
Investor special – this multi-family brick bungalow offers strong potential with the right vision and updates. Sold strictly as-is, the property is in need of work, but presents a solid opportunity for renovation, rental income or can be converted back to single family residence! With nearly 2,000 total square feet, the home is laid out with two bedrooms and a full bath on each level, along with a kitchen on both floors – ideal for multi-generational living or duplex-style rental. The main floor features a living room with a fireplace, a built-in corner hutch in the adjoining dining room, and a kitchen with ceramic tile countertops. A screened porch off one of the bedrooms adds additional living space during warmer months. Upstairs, the second unit includes a family room, two bedrooms, a full bath, and a kitchen with some updates already completed. The basement is full and unfinished, offering a half bath and ample storage or potential for future development. The exterior is low-maintenance brick, with a concrete front porch, fenced yard, and a one-car detached garage. There is no A/C Unit. The home has good natural light with plenty of windows throughout. Located in a convenient area with easy access to local freeways and amenities, this property is well-positioned for commuting and everyday needs. Whether you're looking to renovate for resale or hold as a rental, this property offers flexibility and long-term upside. Bring your ideas and take advantage of this investment opportunity.
Based on current rates
Est. 6.28% rate · 30yr fixed · $239,920 loan
Full calculator →Key facts and listing details
5 categories of property features
Market data and value estimates
3 schools rated nearby
Ferndale, MI, 48220
7 events
19 years of records
Local context around this listing
Ferndale, MI • Oakland County
Nearby cities
Nearby zip codes
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