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$310,000
New Listing

250 Spencer Street
Ferndale City, MI 48220

For Sale|Multi Family|Active
3
Beds
2
Total Baths
2
Full Baths
1,452
SqFt
$213
/SqFt
1922
Built
Subdivision:
WOODWARD HOMES
County:
Oakland
Call Now: 810-632-2345
Is this the listing for you? We can help make it yours.
810-632-2345
250 Spencer Street250 Spencer Street250 Spencer Street250 Spencer Street
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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.

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Listing Snapshot
Price 
$310,000
Days On Site 
0 Days
Bedrooms 
3
Inside Area (SqFt) 
1,452 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.14 Acres
Year Built 
1922
MLS® Number 
20251044924
Status 
Active
Property Tax 
$8,293
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
19 hours agoListing first seen on site
19 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.14
Cross Street 
Hilton and Spencer
Disclosures 
Actual Income, Taxes Not Homestead Exempt
Foundation 
Block
Levels 
Two
Pets 
Call
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
1452
Style 
Colonial
Water Source 
Public
Zoning 
Residential
Interior Features
Basement 
Unfinished
Heating 
Forced AirNatural Gas
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Exterior Features
Construction Details 
Vinyl Siding
Patio And Porch 
Porch
Pool Features 
None
Roof 
Asphalt
Community Features
Financing Terms Available 
CashConventional
MLS Area 
Area02258Ferndale
Roads 
Paved
School District 
Ferndale
Schools
School District
Ferndale
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Signature Sotheby's International Realty Nvl: dtent@signaturesothebys.com



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Neighborhood & Commute
Source: Walkscore
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