250 Spencer Street new Save Request In-Person Tour Request Virtual Tour
Fenton,MI 48220
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Ferndale City
Subdivision Ferndale City
MLS Listing ID 20251032414
Year Built 1922
Annual Tax Amount $8,293
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 37.5X159
Source Realcomp
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.
Location
State MI
County Oakland
Area Oakland County - 70
Zoning Residential
Direction West of Hilton
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Water Public
Structure Type Vinyl Siding
Schools
School District Ferndale
Others
Tax ID 2534476018
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional