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$1,000,000
20 Days On Site

552 Laprairie Street
Ferndale City, MI 48220

For Sale|Multi Family|Active
3
Beds
2
Total Baths
2
Full Baths
1,612
SqFt
$620
/SqFt
1953
Built
Subdivision:
WOODWARD FARMS
County:
Oakland
Call Now: (248) 277-4226
Is this the listing for you? We can help make it yours.
(248) 277-4226
552 Laprairie Street552 Laprairie Street552 Laprairie Street552 Laprairie Street
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Truly, a generational opportunity. This package of three 2-family homes located in the very desirable Detroit suburb of FERNDALE Michigan is special in many ways. With the 3 built lots in a row, & the extraordinary depth of 254 feet makes this an incredibly attractive land package. The story starts in the center with the original craftsman style bungalow 2-family home featuring two bedrooms on the first floor, & a spacious one bedroom upper unit, there is a full basement with separate laundry for each unit, private entries, and exits for all above grade entrances. From 1953 to 1955 the home on Laprairie gained a sibling on each side. Never wanting to mess with success, the original owner built both new properties using the same floorplan as their existing 2-family. Improving upon the existing, red brick was chosen for exteriors, garages with separate stalls and the trio was complete. Subsequent ownership through three generations (I have personally worked with all three generations) has provided a roadmap of consistent maintenance, capital improvements, long-term rental, history, and pride of ownership. | Recent years have meant some newer furnaces (5), air conditioners (6), kitchens (3), bathrooms (4), wood floors (3), windows (all), appliances and decor. If the idea of a turnkey investment that has future potential beyond, what’s already there this might be the package that you’re looking for. These three are only being sold as a package. Only 552 Laprairie (Lower) and its basement may be shown prior to an accepted offer. Please do not disturb the other tenants. Showings of the other units can take place only upon receipt of an accepted offer.

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Listing Snapshot
Price 
$1,000,000
Days On Site 
20 Days
Bedrooms 
3
Inside Area (SqFt) 
1,612 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.22 Acres
Year Built 
1953
MLS® Number 
20261069206
Status 
Active
Property Tax 
$5,202.23
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
3 weeks agoListing first seen on site
3 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.22
Cross Street 
Woodward and Nine Mile
Disclosures 
Actual Income, Conformsto Zoning, Legal Rental Certified, Taxes Not Homestead Exempt
Foundation 
Block
Garage 
Yes
Levels 
Two
Parking 
GarageShared Driveway
Pets 
Cats OK
Property Sub Type 
Multi Family
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
1612
Style 
Bungalow
Water Source 
Public
Zoning 
Residential
Interior Features
Appliances 
Gas Water Heater
Basement 
FullUnfinished
Cooling 
Central Air
Electric 
Circuit Breakers
Heating 
Forced AirNatural Gas
Interior 
Entrance Foyer
Laundry Features 
Laundry Room
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Exterior Features
Construction Details 
Brick
Exterior 
Lighting
Patio And Porch 
Porch
Pool Features 
None
Roof 
Asphalt
Community Features
Community Features 
Sidewalks
MLS Area 
Area02258Ferndale
School District 
Ferndale
Financing Terms Available 
CashConventional
Roads 
Paved
Schools
School District
Ferndale
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of RE/MAX First: KeithAlanWeber@gmail.com



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