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Jenn Smart

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141 Ferndale , Rochester, MI 48307
$439,900
Est. Payment: $2,292.38/mo
0 Bed
4 Bath
1050 Sqft
Status: active | Days on site: 188
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Welcome to 141-143 Ferndale Ave, perfectly situated in a prime location within walking distance of downtown Rochester. This charming, side-by-side ( seperate entrance doors) updated ranch duplex is a fantastic income-generating opportunity through Airbnb. Each renovated unit boasts one bedroom and two full bathrooms, providing ample space and comfort. The property currently generates aprox $3,800 per month in gross income combined from both units. Please note that each unit requires a minimum stay of 27 days, as mandated by the city of Rochester for Airbnb use. The following appliances are included with the property: refrigerators, stoves, and washers and dryers (in each unit).This unique property offers various opportunities, including continuing its successful rental income stream, living in one unit while renting the other, or considering a teardown and rebuild to create a new residential home. Please note that the property is furnished; however, furniture is not included in the sale. With homes in the neighborhood experiencing exceptionally high values, this property is an excellent investment opportunity. Don't miss out on the potential that 141-143 Ferndale Ave has to offer! Property is non homestead.

Highlights

Listed by Derrick Kajbo , 248-763-4169 Brookstone, Realtors LLC , 248-963-0505. MiRealSource, Inc. mls logo

Property Type

Multi-Family

Lot/Acreage
0.17

Year Built

1942

County

Oakland

Area

Rochester (63152)

Neighborhood

Woodward Heights Sub - Rochester

School District

Rochester Community School District

Listing ID

60972006

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:4
  • Full Bathrooms:4
Above Ground Sq Ft:1050
Basement:Block,Finished
Water:Public Water

Exterior Features

Lot Dimensions:50.00 x 150.00
Others:
  • Additional:Deck
Principal Interest
$2,292
Taxes
$528

Home Price

$439,900

Loan Details

30 yrs
6.792%

Down Payment

20%
$87,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,292.38

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,292.38 $527.58 $0.00 $2,819.96
Yearly $27,508.56 $6,331.00 $0.00 $33,839.56
Total $825,256.83 $189,930.00 $0.00 $1,015,186.83
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Rochester, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-02T03:11:55.100Z

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