$295,000

250 Spencer Street, Ferndale, MI 48220

  • 2 baths |
  • 1,452 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1922
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $203/sqft
  • Property List Date Icon Listed 23 days ago

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
  • Basement: Unfinished
  • Heating: Forced airNatural gas
  • Style: Colonial
  • Other Structures: Porch
  • Pool: None
  • Roofing: Asphalt
  • General: Vinyl sidingTwoBasementBlock
  • Road/Access: Paved
  • Originating MLS: Realcomp II Ltd
  • School District: Ferndale
  • County: Oakland
  • Zoning: T1NR11ESEC 34 WOODWARD HOMES SUB E 37.5 FT OF LOT 43ALSO 1/2 OF VAC ALLEY ADJ TO SAME2534476018
  • Water: Public
  • Sewer: Public sewer
  • Source: Realcomp II Ltd

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

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Roosevelt Primary School

2610 Pinecrest Dr, Ferndale, MI, 48220

Grades KG-2

1.69 miles away

F

Ferndale Middle School

725 Pinecrest Dr, Ferndale, MI, 48220

Grades 6-8

1.28 miles away

F

Ferndale High School

881 Pinecrest Dr, Ferndale, MI, 48220

Grades 9-12

1.22 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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