Detroit, MI 48238,2945 W GRAND Street
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Detroit, MI 48238,2945 W GRAND Street
Detroit, MI 48238,2945 W GRAND Street
Detroit, MI 48238,2945 W GRAND Street
Detroit, MI 48238,2945 W GRAND Street

$306,000

Est. payment /mo

$295,000

3.7%
Est.Price: ?

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2945 W GRAND Street Detroit, MI 48238

4 Baths

6,534 Sqft Lot

SOLD DATE : 04/23/2025

Key Details

Sold Price $306,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 20250009652

Sold Date 04/23/25

Originating Board Realcomp

Year Built 1924

Annual Tax Amount $4,138

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 53.00 x 119.00

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 Wayne County - 100

Zoning Multi-Family

Direction Grand & Lawton

Exterior

View Y/N No

Building

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W12I004613S

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

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Listed by Downtown Realty
agent

Kami Kennedy

Agent | License ID: ric.h18672

+1(616) 856-4188

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