About 392 E Cambourne Street
Attention! Back on market and fully leased out with two great tenants! Income generating Ferndale duplex within walking distance to downtown! Units are separately metered for gas and electric, with one meter for water that is prorated 75%/25% between lower and upper units. Tenants pay all utilities. Upstairs unit is currently rented at $1,100/month through August 2026. Lower unit has had the same tenant for around 30 years, currently paying $1625/month with existing lease in place until January 2028, with rent increases built in to current agreement to $1675/month in February 2026 and to $1725/month in February 2027. Lower unit currently has full access to the backyard, basement, and garage. Fully rental certified, and inspection with city is good through July 2026.
Features of 392 E Cambourne Street
| MLS® # | 20251018932 |
|---|---|
| Price | $270,000 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 1,416 |
| Acres | 0.18 |
| Year Built | 1937 |
| Type | Multifamily |
| Sub-Type | Bungalow, Duplex |
| Style | Bungalow, Duplex |
| Status | Pending |
Community Information
| Address | 392 E Cambourne Street |
|---|---|
| Area | 02258 - Ferndale |
| Subdivision | ASTONSOF KNOWLES HEIGHTS |
| City | Ferndale city |
| County | Oakland |
| State | Michigan |
| Zip Code | 48220 |
Amenities
| Parking | Garage |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air, Natural Gas |
|---|---|
| Cooling | Window Unit(s) |
| Fireplace | No |
Exterior
| Construction | Vinyl Siding |
|---|---|
| Foundation | Basement, Block |
School Information
| District | Ferndale |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Brookstone, Realtors LLC |
|---|---|
| Contact Info | katienanneyrealtor@gmail.com |