2945 W GRAND ST, Detroit, MI 48238

$295,000

Est. payment /mo
Est.Price: ?

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2945 W GRAND ST Detroit, MI 48238

4 Baths

4,144 SqFt

SOLD DATE : 04/23/2025

Key Details

Property Type Multi-Family

Sub Type MultiFamily

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

Full Baths 4

Year Built 1924

Lot Size 6,534 Sqft

Property Sub-Type MultiFamily

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 Area05043Detlivernoisi756Gdriver

Interior

Heating Natural Gas, Wall Furnace

Exterior

Pool None

View Y/N No

Building

Foundation Basement, Block

Sewer Sewer At Street

Water WateratStreet

New Construction No

Schools

School District Detroit

Others

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Call

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

NEARBY SCHOOLS & BUSINESSES

Guy Gailliard

Guy Gailliard

Agent | License ID: 65013845815

+1(313) 315-3209

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