Ann Arbor, MI 48104 1615 Ferndale Place

1615 Ferndale Place Ann Arbor, MI - Image 11615 Ferndale Place Ann Arbor, MI - Image 21615 Ferndale Place Ann Arbor, MI - Image 3
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Presented By: Maryann Ryan at The Charles Reinhart Company - (734) 769-3800
  • MLS# 25016874
  • 04/22/2025
  • Get pre-approved
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Home Details

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
Presented By: Maryann Ryan at The Charles Reinhart Company - (734) 769-3800

Interior Features for 1615 Ferndale Place

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
BasementCrawl Space
Basement (Y/N)No
Heating Y/NYes
Laundry FeaturesCommon Area, Laundry Room, Main Level
Total Fireplaces1

General for 1615 Ferndale Place

Additional Parcels Y/NNo
Attached Garage No
CityAnn Arbor
Construction MaterialsBlock, Concrete
CoolingWindow Unit(s)
CountyWashtenaw
DirectionsE Stadium to north on Ferndale
Electric On Property Y/NNo
HeatingForced Air
High School DistrictAnn Arbor
Land Lease Y/NNo
Lease Renewal Y/NNo
Legal DescriptionLOT 66 PACKARD LAWN ADDN
Listing TermsVA Loan, FHA, Cash, Conventional
Lot Size Square Feet4792.0
Lot Size UnitsAcres
MLS AreaAnn Arbor/Washtenaw - A
MLS Area MinorAnn Arbor/Washtenaw - A
MobileHomeRemainsYNNo
ModificationTimestamp2025-04-22T19:07:37Z
New ConstructionNo
Number Of Units Total2
Occupancy TypeTenant
OwnerPaysWater, Sewer
OwnershipPrivate Owned
PossessionSee Remarks
Property Subtype2 to 4 Units
Property TypeMulti Family
Rent Control Y/NNo
Senior CommunityNone
Standard StatusActive
StatusActive
Subdivision NameBurns Park
Tax Annual Amount9942.0
Tax Assessed Value147536
Tax Year2025
Tenant PaysElectric, Gas
TownshipAnn Arbor
UtilitiesNatural Gas Connected, Cable Connected, Storm Sewer
Waterfront Y/NNo
Year Built1958
Zoning DescriptionR1D

Exterior for 1615 Ferndale Place

Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions40x120
Lot FeaturesSidewalk
Lot Size Acres0.11
Lot Size Area0.11
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesPaved
Road Surface TypePaved
SpaNo
Total Parking2.0

Additional Details

Price History

Schools

High School Pioneer High School
Middle School Tappan Middle School
Elementary School Burns Park Elementary School

Rebekah Schenck

Realtor
Price $465,000
MLS#25016874
List Date 04/22/2025
Property Type Multi-Family
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