3131 GRAYSON Street, Ferndale, MI 48220

$249,900 Asking Price

2 beds
1 bath
792  sqft
Built in 1922

**Investor/Developer Alert** Investor/Developer OR family-oriented home, sitting on 3 lots in the heart of Ferndale!! One of the largest and most ideally situated properties in Ferndale, this unique find offers an array of opportunities. Investors/Developers can keep the house and split the lots, or start from scratch and build on all 3! Also perfectly suited for family life as is. Large 3 car attached garage (connected with breezeway), backing up to beautiful Harding Park. Large fenced in yard, waiting for kids or pets alike. Easy access to major highways (I75 and 696). Short walking or biking distance to downtown Ferndale and Royal Oak. New roof (2023) and H2O heater (2022). Windows approximately 10 years old. Reliant baseboard heating. City scheduled to replace water line to house in near future. See it now, you won’t find another gem in Ferndale like this!


Features & Amenities

Interior

Appliances:
Disposal, Dryer, Free standing gas range, Free standing refrigerator, Microwave, Washer
Laundry:
Gas dryer hookup, Laundry room, Washer hookup
A/C:
Ceiling fans, Window units
Heating:
Baseboard, Other heating source, Radiant

Exterior

Style:
Bungalow
Other Structures:
Breezeway, Porch
Pool:
None
Parking:
Twoand half car garage, Two car garage, Attached

Construction

Roofing:
Asphalt
General:
Aluminum siding, Two, Crawl space

Location

Road/Access:
Paved
Originating MLS:
Realcomp II Ltd
School District:
Ferndale
County:
Oakland

Lot

Zoning:
T1N, R11E, SEC 27 CAMPBELL HTS SUB NO 2 LOTS 256, 257 & 258, 2527226072

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
Realcomp II Ltd

This listing courtesy of:
Castle Real Estate, Andrew Sussex

About Ferndale, MI

Housing

Number of Units
11,783
Median Home Value
$185,894
Median Rent
$838

36.69% of housing units are renter occupied.

5.15% are vacant.

Commute

Car
66.94%
Public Transportation
0.86%
Walk to Work
1.32%
Work from Home
29.86%
Other
0.17%

The median travel time to work is 19 minutes.

People

Population
21,679
Median Age
35.20
Median Household Size
2.26

Education

High School
17.41%
Associate’s Degree
6.71%
Bachelor’s Degree
33.05%
Graduate Degree
17.26%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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