Detroit, MI 48238,2945 W GRAND Street

$306,000

Est. payment /mo

$295,000

3.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

2945 W GRAND Street Detroit, MI 48238

4 Beds

4 Baths

4,144 SqFt

SOLD DATE : 04/23/2025

Key Details

Sold Price $306,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,144 sqft

Price per Sqft $73

Subdivision Robt Oakmans Ford Highway And Linwood Sub (Plats)

MLS Listing ID 20250009652

Style Quadruplex

Bedrooms 4

Full Baths 4

Year Built 1924

Annual Tax Amount $4,138

Lot Size 6,534 Sqft

Property Sub-Type Quadruplex

Property 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.

Location

State MI

County Wayne

Area Det: Livernois-I75 6-Gd River

Zoning Multi-Family

Interior

Heating Wall Furnace

Building

Foundation Basement

Sewer Sewer at Street

Water Water at Street

Structure Type Brick

Schools

School District Detroit

Others

Assessment Amount $250

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Realcomp MLS
Listed by Marta Kopania of Downtown Realty
Bought with Downtown Realty
agent

Downtown Realty

Brokerage | License ID: 6505386963

+1(313) 466-7253

GET MORE INFORMATION

Name
Phone*
Message