364 w cambourne street, ferndale, MI 48220

Prime NW Ferndale Opportunity – Live in One, Rent the Other! Located in the highly sought-after NW Ferndale neighborhood, just a few blocks from the heart of downtown, this two-unit multifamily home is the perfect opportunity for investors or owner-occupants seeking flexibility and long-term value. Both upper and lower 2 bedroom units have previously rented for around $1,700/month with the lower unit being currently owner-occupied with tenant rights. Loaded with charm & smart updates, the home features hardwood floors, thermal windows, newer downstairs appliances, both bathrooms gutted in the last 5-7 years, outdoor sprinkler system, newer furnaces and water heaters, and separate utilities (except water)—ideal for streamlined tenant management. City of Ferndale Rental Certified, with an oversized detached 2 car garage and 50' wide lot along with covered front porch & backyard paver patio...this is a rare opportunity to own a versatile, income-generating property in a premium Ferndale location with strong neighborhood appeal. This property checks all the boxes to either expand your portfolio or look for a smart way to live affordably. Can easily turn back into a single family residence if preferred! The world is your oyster with this one!

IDX provided courtesy of Realcomp II Ltd. via Remerica United Realty and Realcomp II Ltd, ©2025 Realcomp II Ltd. Shareholders Listing By: Jolene L Jacobs of Good Company, Phone: (248) 733-5811