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925-927 Nottingham Road Grosse Pointe Park, MI 48230
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Key Details
Sold Price $360,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,538 sqft
Price per Sqft $141
Subdivision Mi
MLS Listing ID 60276834
Sold Date 01/24/24
Style 2 Story
Full Baths 2
Year Built 1924
Annual Tax Amount $5,364
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 36x109
Property Description
Situated just steps from Windmill Pointe Park and Fairfax Market in GPP, 925-927 Nottingham Road is a prime investment opportunity. This two-family Upper/Lower Flat building is completely renovated mechanically, well-updated cosmetically, and is perfect for owner-occupants or pure investors alike. Each three-bedroom unit features updated kitchens with replacement cabinets, updated appliances (including dishwasher + gas range), replacement light fixtures, and updated fixtures. Bathrooms are upgraded with premier finishes including new fixtures, tile flooring, and subway tile showers. The property also boasts refinished hardwood floors and updated light fixtures throughout. Mechanically, the building is in phenomenal shape, including newer boiler heating systems for each unit, with the upper unit also featuring newer central AC (SpacePak) unit. Additional updates include two replacement water heaters (2021), an updated electrical system, and updated plumbing system with PVC. The building also contains replacement windows throughout and a newer composite shingle roof. Outdoor spaces include front balconies/porches and rear decks for each unit, alongside a 2-car detached garage. The basement offers individual storage with washer/dryer facilities for each unit. A standout feature is the unfinished third floor, ripe for conversion into additional living space or storage, potentially adding another bedroom and increasing rental income. 925-927 Nottingham Road is a blend of enduring quality, thoughtful design, and an ideal location, offering substantial income potential with minimal upkeep. It’s a superb addition to any real estate portfolio in the vibrant Grosse Pointe Park market.
Location
State MI
County Wayne
Area Grosse Pointe Park (82336)
Interior
Heating Hot Water, Radiant
Cooling Central A/C, Window Unit(s)
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Grosse Pointe Public Schools
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional,Exchange/Trade,FHA,VA
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Bought with LPS