2945 W GRAND STREET
Detroit, MI 48238
4144 sqft | 4 baths | 0.15 acres | #20250009652
Description
WELCOME TO 2945 W GRAND ST, LOCATED NEAR THE VIBRANT NEIGHBORHOODS OF BOSTON EDISON, HIGHLAND PARK, AND NEW CENTER. THIS FULLY UPDATED FOUR-UNIT PROPERTY IS PERFECT FOR INVESTORS OR HOUSE HACKERS LOOKING TO MAXIMIZE RETURNS. EACH UNIT FEATURES 2 BEDROOMS AND 1 BATHROOM, OFFERING COMFORTABLE AND AFFORDABLE LIVING SPACES THAT ATTRACT RELIABLE TENANTS. THE PROPERTY HAS UNDERGONE EXTENSIVE RENOVATIONS, INCLUDING A BRAND-NEW ROOF, UPDATED PLUMBING AND ELECTRICAL SYSTEMS, NEW FURNACES, AND HOT WATER TANKS. KITCHENS HAVE BEEN MODERNIZED WITH NEW CABINETS, COUNTERTOPS, AND VINYL FLOORING, WHILE FRESH CARPET AND FINISHES COMPLETE THE INTERIOR UPGRADES. ADDITIONALLY, A NEW 6-INCH MAIN DRAIN CLEANOUT HAS BEEN INSTALLED IN THE BACKYARD, ENSURING PEACE OF MIND FOR YEARS TO COME. THIS PROPERTY IS ALREADY INCOME-PRODUCING, WITH FOUR UNITS CURRENTLY RENTED THROUGH SECTION 8 BRINGING IN 4201 PER MONTH . THIS IS A FANTASTIC OPPORTUNITY TO GROW YOUR PORTFOLIO IN DETROIT’S THRIVING RENTAL MARKET.
Property Details
- SubdivisionROBT OAKMANS FORD HIGHWAY AND LINWOOD SUB (PLATS)
- Basement DescriptionFull, Unfinished
- FoundationBasement, Block
- Sewer InformationSewerAtStreet
- Utility SourceWateratStreet
- Property TypeMulti-Family
- MLS #20250009652
- Property SubtypeMultiFamily
- Parcel NumberW12I004613S
- MLS #20250009652
- Original List Price$350,000
- School DistrictDetroit
- Taxes Annual$4,138
- Cost295000
- CountyWayne
- Acres0.15
- Square Feet4144
- Year Built1924
- PetsCall
- Days on Market (Cumulative)71
- Bathrooms4
- Full Baths4
- Stories2
- Basement1
- Basement Finished1
Location
Legal
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Last Updated: . Source: REALCOMP
Listing Courtesy
Listing Agent: Marta Kopania (#424283), Email: kopaniamarta@gmail.com
Listing Office: Downtown Realty (#386963)
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