Sold
555 W BRECKENRIDGE Street, Ferndale, MI 48220
Sold on 11/04/2024 for$438,000
MLS # 20240069998 (Realcomp)
4 beds2 baths2,248 sqftBuilt 19410.16 acres
1 / 63
Listing Description
Welcome to this charming, fully furnished duplex in the heart of Ferndale, offering a fantastic investment opportunity! With two updated two-bedroom, one-bath units, this property is ideal for anyone looking for a turnkey Airbnb, mid- or long-term rental, or a house hack where you can live in one unit and rent out the other. Both units have been thoughtfully updated with remodeled kitchens, new windows, stylish light fixtures, new flooring, and brand-new appliances throughout. Each unit features its own HVAC system, electrical panel, and an enclosed balcony, providing private outdoor space for tenants. The home has also received significant upgrades, including a new roof within the last five years. Located within walking distance to downtown Ferndale and already city-approved as a turnkey Airbnb, long term AND short term rental. This property is perfect for investors, having previously ranked in the top 1% on Airbnb in the area. Don’t miss out on this incredible opportunity! Welcome Home!
Source: SparkMLS
About this home
Located in Ferndale in Ferndale, this property offers 4-bedroom, 2-bath, 2,248 sq ft, with original construction dating to 1941.
Final sale price: $438,000 (about $195/sq ft).
Annual property taxes run approximately $17,329 ($1,444/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Fiber internet is available at this address with download speeds up to 5,000 Mbps across 9 providers. Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms2
Living Area2,248 sqft
Lot Size0.16 acres
Year Built1941
Stories2
Location
CityFerndale
MunicipalityFerndale City
Zip Code48220
CountyOakland
School DistrictFerndale
Construction & Systems
ConstructionBrick, Vinyl Siding
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed9/16/2024
Sold Date11/3/2024
Terms AcceptedCash, Conventional, FHA
Source: SparkMLS
Tax Information
Annual Tax$17,329
State Equalized Value$251,520
Taxable Value$251,520
Parcel #2527354005
Source: Public Records
Legal Description
T1N, R11E, SEC 27 WOODWARD HTS SUB LOT 377
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jim Shaffer
Good Company
Frequently Asked Questions about 555 W BRECKENRIDGE Street, Ferndale, MI 48220
What school district is 555 W BRECKENRIDGE Street, Ferndale, MI 48220 in?
Per MLS# 20240069998, this property is served by Ferndale. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 20240069998, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20240069998, the most recent reported annual property tax for 555 W BRECKENRIDGE Street, Ferndale, MI 48220 is $17,329. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 555 W BRECKENRIDGE Street, Ferndale, MI 48220 eligible for USDA financing?
Per USDA Rural Development boundary data, 555 W BRECKENRIDGE Street, Ferndale, MI 48220 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 555 W BRECKENRIDGE Street, Ferndale, MI 48220 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Is fiber internet available at 555 W BRECKENRIDGE Street, Ferndale, MI 48220?
Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 5.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Oakland County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Mortgage Calculator
$
%
$
$
$
Monthly payment$3,048
Principal & interest$3,048
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
9 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
555 W BRECKENRIDGE Street, Ferndale, MI 48220
View full property history →
Municipality
Ferndale
View all listings →
County
Oakland County
View county overview →
Get email alerts for new listings near 555 W BRECKENRIDGE Street
We'll notify you when something hits the market in Ferndale or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.