Grosse Pointe Park, MI 48230 1018,1422-1424 MARYLAND Street
Grosse Pointe Park, MI 48230 1018,1422-1424 MARYLAND Street
Grosse Pointe Park, MI 48230 1018,1422-1424 MARYLAND Street
38
$294,000
$280,000
5.0%
Est.Price: ?

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2 BA
2,027 SqFt

1422-1424 MARYLAND Street Grosse Pointe Park, MI 48230 1018

Est. payment /mo
SOLD DATE : 11/12/2024

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Key Details

Sold Price $294,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,027 sqft

Price per Sqft $145

MLS Listing ID 60341654

Sold Date 11/12/24

Full Baths 2

Year Built 1924

Annual Tax Amount $4,133

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 35.00 x 181.80

Property Description

This well-maintained multifamily duplex offers an exceptional investment or owner-occupant opportunity in the heart of Grosse Pointe Park. The lower unit features 2 bedrooms and 1 bath, completely move-in ready—ideal for living or renting out immediately. The upper unit boasts 3 bedrooms and 1 bath with incredible potential to finish the attic, adding a 4th bedroom and over 800 additional square feet, significantly increasing the home’s value. While the upper unit is spacious, it does need some updates and minor repairs, giving you the chance to customize and increase its appeal. Major updates include a new roof, deck, garage, and sewer line within the last decade, ensuring peace of mind and minimal future maintenance. Whether you're looking to live in one unit and rent the other to cover your mortgage, or simply invest in a property with excellent rental potential, this duplex is perfect for both. Located in a prime area of Grosse Pointe Park, enjoy the charm and amenities of the neighborhood while capitalizing on a fantastic investment. Don’t miss out on this rare opportunity to maximize your ROI and add substantial value to the property!

Location

State MI

County Wayne

Area Grosse Pointe Park (82336)

Zoning Multi-Family

Interior

Heating Forced Air

Cooling Central A/C

Fireplace No

Exterior

Exterior Feature Brick

Building

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

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Brookstone, Realtors LLC
Bought with LPS

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David Wietecha

Agent | License ID: 6501453131

+1(586) 722-6737

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