250 Spencer Street, Ferndale, MI 48220

• 2 baths |
• 1,452 sqft

Property Description

Great 2-Family Income Opportunity with Approved Landlord License! This well-maintained duplex is ideal for both investors and owner-occupants. The lower level offers a spacious 2-bedroom apartment with a full kitchen and bath. Upstairs, you’ll find a charming 1-bedroom apartment with wood floors, a full kitchen, and a bath—perfect for a young professional, student, or anyone seeking their own private space. The property features a separate rear entrance for the upper unit, shared laundry facilities in the basement (with potential to add coin-operated machines for extra income), and all appliances included. The exterior has been recently painted, and the home sits on a massive backyard where the city has indicated an ADU could be approved for even more income potential. This is the perfect chance to live in one unit and rent out the other—a true rental hack—or expand your portfolio with a solid income-producing property. Showing's will be granted after receiving a purchase agreement. One unit is currently leased.

Listing Status:

Active

Listing Office:

Signature Sotheby's International Realty Nvl : 2483781000

Listing Agent:

Dylan Tent : 2489900356

MLS ID:

20251044924

Interior

• Basement: Unfinished
• Heating: Forced airNatural gas

Exterior

• Style: Colonial
• Other Structures: Porch
• Pool: None

Construction

• Roofing: Asphalt
• General: Vinyl sidingTwoBasementBlock

Location

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

Lot

• Zoning: T1NR11ESEC 34 WOODWARD HOMES SUB E 37.5 FT OF LOT 43ALSO 1/2 OF VAC ALLEY ADJ TO SAME2534476018

Utilities

• Water: Public
• Sewer: Public sewer

Financial

• Source: Realcomp II Ltd

This listing courtesy of Dylan Tent, Signature Sotheby's International Realty Nvl