MI > Detroit > Robt Oakmans Ford Highway And Linwood Sub (Plats)
Detroit, MI 48238,2945 W GRAND Street
Detroit, MI 48238,2945 W GRAND Street
Detroit, MI 48238,2945 W GRAND Street
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$345,000
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4 BD
4 BA
4,144 SqFt
Price Dropped by $5K

2945 W GRAND Street Detroit, MI 48238

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Barrett Real Estate

Barrett Real Estate

+1(480) 864-2100

UPDATED:

02/21/2025 02:18 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,144 sqft

Price per Sqft $83

Subdivision Robt Oakmans Ford Highway And Linwood Sub (Plats)

MLS Listing ID 20250009652

Style Quadruplex

Bedrooms 4

Full Baths 4

Originating Board Realcomp II Ltd

Year Built 1924

Annual Tax Amount $4,138

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 53.00 x 119.00

Property Sub-Type Quadruplex

Property Description

MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST AT 5PM ON MONDAY. 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

Direction Grand & Lawton

Rooms

Basement Unfinished

Interior

Heating Wall/Floor Furnace

Fireplace no

Heat Source Natural Gas

Exterior

Road Frontage Paved

Garage no

Building

Foundation Basement

Sewer Sewer at Street

Water Water at Street

Architectural Style Quadruplex

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W12I004613S

Ownership Short Sale - No,Private Owned

Assessment Amount $250

Acceptable Financing Cash, Conventional, FHA

Rebuilt Year 2025

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

Realcomp MLS
©2025 Realcomp II Ltd. Shareholders
Listed by Marta Kopania of Downtown Realty

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Barrett Real Estate

+1(480) 864-2100

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2945 W GRAND Street