Grosse Pointe Park, MI 48230,925-927 Nottingham Road
Grosse Pointe Park, MI 48230,925-927 Nottingham Road
Grosse Pointe Park, MI 48230,925-927 Nottingham Road
23
$360,000
$365,000
1.4%
Est.Price: ?

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2 BA
2,538 SqFt

925-927 Nottingham Road Grosse Pointe Park, MI 48230

Est. payment /mo
SOLD DATE : 01/24/2024

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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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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Jim Saros Real Estate Services
Bought with LPS

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agent

David Wietecha

Agent | License ID: 6501453131

+1(586) 722-6737

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