Ann Arbor, MI 48104,1615 Ferndale Place
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Ann Arbor, MI 48104,1615 Ferndale Place
Ann Arbor, MI 48104,1615 Ferndale Place
Ann Arbor, MI 48104,1615 Ferndale Place
Ann Arbor, MI 48104,1615 Ferndale Place
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$ 465,000
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1615 Ferndale Place Ann Arbor, MI 48104

4,792 Sqft Lot


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Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality Ann Arbor

Subdivision Burns Park

MLS Listing ID 25016874

Year Built 1958

Annual Tax Amount $9,942

Tax Year 2025

Lot Size 4,792 Sqft

Acres 0.11

Lot Dimensions 40x120

Property Sub-Type 2 to 4 Units

Property Description

This charming ranch duplex is located in the heart of the popular Burns Park neighborhood, just steps away from the University of Michigan campus, the Big House, and vibrant downtown Ann Arbor. Each unit offers 1 bedroom and 1 bathroom, with a shared laundry area for added convenience. The property also features a driveway and a spacious yard, perfect for outdoor enjoyment. This property presents an excellent opportunity for investors seeking a turnkey income property. Both units are currently leased, with leases expiring on July 1st, providing a seamless transition for new ownership. The property has been meticulously maintained, with recent updates including fresh paint throughout, a new furnace in one unit, and a new A/C unit in the other. Additionally, new ceiling fans and light fixtures have been installed and the chimney has been recently replaced. Energy score of . Full report at stream.a2gov.org fixtures have been installed and the chimney has been recently replaced. Energy score of . Full report at stream.a2gov.org

Location

State MI

County Washtenaw

Area Ann Arbor/Washtenaw - A

Direction E Stadium to north on Ferndale

Rooms

Basement Crawl Space

Interior

Heating Forced Air

Cooling Window Unit(s)

Fireplaces Number 1

Laundry Common Area, Laundry Room, Main Level

Exterior

Parking Features Paved

Utilities Available Natural Gas Connected, Cable Connected, Storm Sewer

View Y/N No

Street Surface Paved

Total Parking Spaces 2

Building

Lot Description Sidewalk

Structure Type Block,Concrete

New Construction No

Schools

Elementary Schools Burns Park Elementary School

Middle Schools Tappan Middle School

High Schools Pioneer High School

School District Ann Arbor

Others

Tax ID 09-09-33-326-021

Acceptable Financing VA Loan, FHA, Cash, Conventional

Listing Terms VA Loan, FHA, Cash, Conventional

Special Listing Condition None


Listed by The Charles Reinhart Company
agent

Karen Austin

Broker Associate

+1(517) 290-4493

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1615 Ferndale Place