1318 Wayburn Street

Grosse Pointe, Michigan 48230

  • 4 Bed(s)
  • 2 Bath(s)
  • 1,932 Sqft
  • 0.08
    Acre(Lot)
$375,000

Description

West park two-unit apartment building with a rare open-concept layout and central ac, offering strong in-place cash flow! located in the rapidly appreciating west park neighborhood of grosse pointe park—one of metro detroit’s most desirable rental markets—this property boasts a long list of features.
the recently renovated upper apartment features an open-concept layout, a beautifully updated bathroom, a new furnace and ac unit, and a private balcony. throughout the building, you'll find charming original details and stunning hardwood floors.
both apartments have private basements with washer/dryer hookups and ample storage. additional highlights include a two-car garage, a new privacy fence, and a lovely backyard—perfect for pets.
owner covers water, lawn care, and snow removal, while tenants handle gas and electric. the property currently grosses $34,200 per year, with one unit rented below market value—offering potential for even higher returns!
just steps from everything west park has to offer, including le rouge coffee & bakery, howlers & growlers, the charlevoix, 313 wine bar, atwater brewery, the bricks, and more!
access to 2 resident only waterfront parks with pool, boat wells, movie theatres, fitness center, playscapes, and much more!

  • Property Type

    Multifamily

  • County

    Wayne

  • Style

    Duplex

  • AD ID

    49168304

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Property Details

  • Bathroom Information

    • Total Baths: 2
    • Full Baths: 2

    Room Information

    • Porches: Porch

    Interior Features

    • Laundry Facility
    • Basement Description: Unfinished

    Heating & Cooling

    • Cooling: Central Air
    • Heating: Forced Air
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1924
    • Building Stories: 2 Story
    • Total Units: 2
    • Foundation/Basement: Basement
    • Architecture: Duplex

    Exterior Features

    • Construction: Vinyl

    Utility Features

    • Sewer: Sewer at Street

    Water

    • Water at Street

  • Lot Information

    • Lot Size: 0.08
    • Dimensions: 34.80 x 101.50

    Property Information

    • SQ ft: 1932
    • Subdivision: ALTER HEIGHTS SUB
    • Financing: Cash,Conventional,FHA,VA

  • Listing Price Information

    • Original List Price: $375,000

    Listing Information

    • Possession: At Close
    • Legal Description: PKKK18 LOT 18 ALTER HEIGHTS SUB PC 570 L37 P22 WCR

  • Tax Information

    • Annual Tax: $6,907
    • Parcel Number: 39007130018000

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: PKKK18 LOT 18 ALTER HEIGHTS SUB PC 570 L37 P22 WCR

  • Parking Information

    • Parking: 4
    • Has Garage: Yes

    Multi-Unit Information

    • Road Frontage: Paved

    Unit 2 Information

    • # of Bedrooms: 2

  • Utility Information

    • Water:Water at Street
    • Sewer:Sewer at Street
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BuyOwner last updated this listing 04/15/2025 @ 22:18

  • MLS: 624759649
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 4 bedrooms which is for sale, it has 1,932 sqft, 0 sized lot, and Garage parking. are nearby neighborhoods.