2945 W Grand Street

Detroit, Michigan 48238

  • 8 Bed(s)
  • 4 Bath(s)
  • 4,144 Sqft
  • 0.15
    Acre(Lot)
$399,000

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 one unit currently rented through section 8 at $987/month and another two units secured with section 8 tenants ready to move in on april 1. with a potential to generate up to $4,000 per month in rental income, this is a fantastic opportunity to grow your portfolio in detroit’s thriving rental market.

  • Property Type

    Multifamily
  • Subdivision

    Robt Oakmans Ford Highway And Linwood Sub (plats)
  • County

    Wayne
  • Style

    Quadruplex
  • AD ID

    48387979

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Property Details

  • Bathroom Information

    • Total Baths: 4
    • Full Baths: 4

    Interior Features

    • Basement Description: Unfinished

    Heating & Cooling

    • Heating: Hot Water
    • Heating Fuel: Natural Gas
  • Building Information

    • Year Built: 1924
    • Building Stories: 2 Story
    • Total Units: 4
    • Foundation/Basement: Basement
    • Architecture: Quadruplex

    Exterior Features

    • Construction: Brick

    Utility Features

    • Sewer: Sewer at Street

    Water

    • Water at Street
  • Lot Information

    • Lot Size: 0.15
    • Dimensions: 53.00 x 119.00

    Property Information

    • SQ ft: 4144
    • Subdivision: ROBT OAKMANS FORD HIGHWAY AND LINWOOD SUB (PLATS)
    • Financing: Cash,Conventional,FHA
  • Listing Price Information

    • Original List Price: $399,000

    Listing Information

    • Possession: At Close
    • Legal Description: S GRAND 379 E 18 FT 380 ROBERT OAKMAND FORD HWY & LINWOOD SUB L35 P59 PLATS, W C R 12/223 53 X 119.32
  • Tax Information

    • Annual Tax: $4,138
    • Parcel Number: W12I004613S

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: S GRAND 379 E 18 FT 380 ROBERT OAKMAND FORD HWY & LINWOOD SUB L35 P59 PLATS, W C R 12/223 53 X 119.32
  • Multi-Unit Information

    • Presently Zoned: 1
    • Road Frontage: Paved

    Unit 2 Information

    • # of Bedrooms: 4
  • Utility Information

    • Water:Water at Street
    • Sewer:Sewer at Street
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BuyOwner last updated this listing 01/30/2025 @ 18:37

  • MLS: 622476512
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 8 bedrooms which is for sale, it has 4,144 sqft, 0 sized lot, and 0 parking. A comparable Multifamily, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Detroit , in zip code 48238, this Wayne County Multifamily , it is in the ROBT OAKMANS FORD HIGHWAY AND LINWOOD SUB (PLATS) Subdivision, and are nearby neighborhoods.