MI
Oakland
Ferndale City
48220
250 Spencer Street
250 Spencer Street, Ferndale City, MI 48220
Share Listing
Listing Type
Multi Family
Listing Status
active
6
$310,000

Home Details for 250 Spencer Street

Price
$310,000
Type
Residential Income
Bedrooms
3
Bathrooms
2.0
Square feet
1452
Year built
1922
Lot size acres
0.14
County
Oakland
Garage
Basement
Unfinished
Days on site
18
MLS Listing#
20251032414
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. The unit's are currently leased.

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • None
  • Water Features
    • Public
  • Basement
    • Unfinished
Listing Courtesy: Signature Sotheby's International Realty Nvl - 248-378-1000
Michigan Regional Information Center logo IDX provided courtesy of Realcomp II Ltd. via EXIT Realty and Realcomp MLS, ©2025 Realcomp II Ltd. Shareholders.
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Michigan Regional Information Center.
EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
Request more details
Code: