$925,000 For Sale

695 Livernois Street
Ferndale, MI 48220

Multi Family Home
4356 sq ft lot - MLS# 20251060306
Property Photo
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Description

Discover the future of living and investing—a seamlessly blended residential and commercial opportunity tailored for the ambitious young professional or savvy investor. This unique multi-unit property not only offers stylish, modern living spaces but also features mixed-use zoning, allowing you to dream big and diversify your investment portfolio. Whether you envision a bustling storefront, a chic salon, a Law Office, a Boutique Hotel, a profitable Airbnb venture, or a mixture of all - this property is your canvas. A one-of-a-kind investment breathing new meaning into the phrase Live-Work-Play. Seize the opportunity to shape your future in a place where lifestyle meets opportunity. This property is not just a building; it's a gateway to a life of entrepreneurial freedom and residential bliss in one of the most spirited neighborhoods in Michigan. Engage with a property that will grow with your ambitions. Schedule your visit today and explore how your vision can turn into reality. Comprehensive marketing package available - Please reach out. BATVAI.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Oakland County
  • Zip Code: 48220
  • Year Built: 1942
  • Subdivision/Neighborhood: Ferndale City
  • School District: Ferndale
  • Basement: Yes
  • Lot Size: 4356 sq ft lot
  • Association: Yes
  • Association Amenities: Pets Allowed
  • Construction Materials: Brick, Vinyl Siding
  • Cooling: Central Air
  • Directions: N of 8 Mile Rd. & W of Woodward Ave
  • Gross Income: 115500
  • Heat Source: Natural Gas
  • Heating: Forced Air
  • Lot Features: Sidewalk
  • Lot Size Area: 0.1
  • Lot Size Square Feet: 4356
  • Lot Size Units: Acres
  • MLS Area Major: Oakland County - 70
  • MLS Area Minor: Oakland County - 70
  • Main Type: Multi Family
  • Parcel Number: 2533435027
  • Road Frontage: 41
  • SEV: 110620
  • Street Type: Paved
  • Tax Annual Amount: 7173
  • Tax Legal Description: T1N, R11E, SEC 33 POAD SUB LOTS 55 & 56, ALSO 1/2 OF VAC ALLEY ADJ TO SAME
  • Total Approx Sq Ft All Bldgs: 3186
  • Total Num Units: 4
  • Township: Ferndale City
  • Water Source: Public
Courtesy of Alina Valentine, KW Metro
Source: Michigan Regional Information Center (MichRIC)
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