2945 W GRAND Street Detroit, MI 48238

Multi-Family (2-4 Units) MLS #: 20250009652 Courtesy Of Downtown Realty
500 Griswold Ste 2420, Detroit, MI 48226

$350,000

4 baths | 4,144 sq ft
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Est. Property Tax: $4,138
Estimated monthly payments: $1,875/mo.* (recalculate)

Property InformationDescription

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.
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Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Exterior Type: Brick
  • Heating System: Floor Furnace
  • Lot Size: 0.15 Acres
  • Rooms: Basement

MAP & DIRECTIONS

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2945 W GRAND Street, Detroit, MI 48238
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School Information

2945 W GRAND Street, Detroit, MI 48238

Elementary School
Grades PK-8 | Public School
THURGOOD MARSHALL-ELEMENTARY SCHOOL
Detroit, MI 48238
15531 Linwood St
313.­494.8820
Distance: 0.9 mi
School Rating
F
Student:Teacher Ratio
13:1
Total Students
447
Middle School
Grades PK-8 | Public School
THURGOOD MARSHALL-ELEMENTARY SCHOOL
Detroit, MI 48238
15531 Linwood St
313.­494.8820
Distance: 0.9 mi
School Rating
F
Student:Teacher Ratio
13:1
Total Students
447
High School
Grades 9-12 | Public School
MUMFORD HIGH SCHOOL
Detroit, MI 48221
17525 Wyoming St
313.­416.7064
Distance: 2.8 mi
School Rating
D-
Student:Teacher Ratio
16:1
Total Students
899
Other Nearby Schools Distance Type Grades School Rating
New Paradigm Glazer Academy 0.6 mi Public KG-8 C-
Joy Preparatory Academy 0.7 mi Public PK-12 C+
Durfee Elementary-middle School 1.0 mi Public KG-8 F
Central Academy And High School 1.0 mi Public 9-12 F
Hope Academy 1.1 mi Public PK-8 D
Ace Academy Seventy-day Adventist Glendale Lincoln Woodward Jefferson 1.1 mi Public 4-12
Keidan Special Education Center 1.3 mi Public PK-8
Paul Robeson Malcolm X Academy 1.5 mi Public PK-8 F
Flagship Charter Academy 1.6 mi Public KG-8 D
George Washington Carver Elementary School 1.6 mi Public PK-4 F
George Washington Carver Middle School 1.6 mi Public 5-8 F
Mary Mcleod Bethune Elementary-middle School 1.7 mi Public PK-8 F
Noble Elementary-middle School 1.7 mi Public PK-8 F
University Preparatory Art Design Elementary School 1.8 mi Public KG-5 D
Gesu Catholic School 1.8 mi Private PK-8
Barber Preparatory Academy 1.8 mi Public KG-8 F
Charlotte Mason Community School 2.0 mi Private KG-8
Sigma Academy For Leadership And Early Middle College 2.0 mi Public KG-12
The School At Marygrove 2.1 mi Public 9-12 C-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Detroit, MI 48238

Median Age: 37.2
Married: 14%
Number of Households: 10,421
Households with Children: 29%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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