Map
Listed price in listed location currency (USD).
$1,000,000

020

MLS® 20261069204

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 1647 sqft
Garage Yes
Taxes $4,593
Days Active 5
Lot Size 0.22 Acres
Approx. Age 1926
Avg. Price Per Sqft $607
MLS® Number 20261069204

Property Address: 544 Laprairie St, Ferndale, MI, 48220-2592

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number20261069204
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1926
BasementFull, Unfinished
DrivewayGarage, Shared Driveway
Garage Spaces
HeatForced Air, Natural Gas
A/CCentral Air

Extras

Price History

Last Sold Price

$1,450$1.5K

Appreciation

--

Avg. Days Listed

25 days

Today, For Sale for $1,000,000

Exterior
For Sale · 9 days

$1,000,000

MLS® 20261069204

9 days ago

Not Sold Yet

August 2026, For Sale for $1,000,000

Exterior
For Sale · 9 days

$1,000,000

MLS® 20261069204

9 days ago

Not Sold Yet

June 2024, Leased for $1,450

Leased · 25 days

$1,450$1,550

MLS® 20240035524

2 years ago

Sold on Jun 18, 2024

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