$310,000
250 spencer street, fenton, MI 48220
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.
General Information
Price: $310,000
Price/SqFt: $213
Status: Active
MLS#: 20251032414
City: ferndale
Post Office: fenton
Schools: ferndale
County: Oakland
Subdivision: woodward homes
Acres: 0.14
Lot Dimensions: 37.5X159
Bedrooms:0
Bathrooms:2 (2 full, 0 half)
Size: 1,452 sq.ft.
Acreage: 0.14 est.
Year Built: 1922
Property Type: Multifamily
Style: 2 Story
Features & Room Sizes
Exterior: Vinyl
Basement: 1
Heating: Forced Air
Heating: Forced Air
Tax, Fees & Legal
Est. Summer Taxes: $8,048
Est. Winter Taxes: $245
Est. Winter Taxes: $245
Map

IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and , ©2025 Realcomp II Ltd. Shareholders Listing By: Dylan Tent of Signature Sotheby's International Realty Nvl, Phone: (248) 378-1000