Ferndale, MI 48220,250 Spencer Street
Ferndale, MI 48220,250 Spencer Street
Ferndale, MI 48220,250 Spencer Street
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$310,000
Est. payment /mo
2 Beds
2 Baths
1,452 SqFt
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Key Details

Property Type Multi-Family

Sub Type Colonial

Listing Status Active

Purchase Type For Sale

Square Footage 1,452 sqft

Price per Sqft $213

Subdivision Woodward Homes

MLS Listing ID 20251044924

Style Colonial

Bedrooms 2

Full Baths 2

Year Built 1922

Annual Tax Amount $8,293

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 37.5X159

Property Sub-Type Colonial

Source Realcomp II Ltd

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.

Location

State MI

County Oakland

Area Ferndale

Zoning Residential

Direction West of Hilton

Rooms

Basement Unfinished

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Roof Type Asphalt

Porch Porch

Road Frontage Paved

Garage no

Private Pool No

Building

Foundation Basement

Sewer Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Colonial

Level or Stories 2 Story

Structure Type Vinyl

Schools

School District Ferndale

Others

Pets Allowed Yes

Tax ID 2534476018

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional


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Realcomp MLS
Listed by Dylan Tent of Signature Sotheby's International Realty Nvl

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Matthew Stransky

Matthew Stransky

Team Owner | License ID: 327649

+1(248) 765-8788

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250 Spencer Street