Grosse Pointe, MI 48230,1318 WAYBURN Street
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Grosse Pointe, MI 48230,1318 WAYBURN Street
Grosse Pointe, MI 48230,1318 WAYBURN Street
Grosse Pointe, MI 48230,1318 WAYBURN Street
Grosse Pointe, MI 48230,1318 WAYBURN Street

$375,000

Est. payment /mo

$375,000

Est.Price: ?

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1318 WAYBURN Street Grosse Pointe, MI 48230

2 Baths

3,484 Sqft Lot

SOLD DATE : 05/16/2025

Key Details

Sold Price $375,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Municipality Grosse Pointe Park City

Subdivision Grosse Pointe Park City

MLS Listing ID 20250021770

Sold Date 05/16/25

Year Built 1924

Annual Tax Amount $6,907

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 34.80 x 101.50

Source Realcomp

Property Description

West Park two-unit apartment building with a rare open-concept layout and central AC, offering strong in-place cash flow! Located in the rapidly appreciating West Park neighborhood of Grosse Pointe Park—one of Metro Detroit's most desirable rental markets—this property boasts a long list of features.The recently renovated upper apartment features an open-concept layout, a beautifully updated bathroom, a new furnace and AC unit, and a private balcony. Throughout the building, you'll find charming original details and stunning hardwood floors.Both apartments have private basements with washer/dryer hookups and ample storage. Additional highlights include a two-car garage, a new privacy fence, and a lovely backyard—perfect for pets.Owner covers water, lawn care, and snow removal, while tenants handle gas and electric. The property currently grosses $34,200 per year, with one unit rented below market value—offering potential for even higher returns!Just steps from everything West Park has to offer, including Le Rouge Coffee & Bakery, Howlers & Growlers, The Charlevoix, 313 Wine Bar, Atwater Brewery, The Bricks, and more!Access to 2 resident only waterfront parks with pool, boat wells, movie theatres, fitness center, playscapes, and much more!

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Multi-Family

Direction N of Alter and W of Kercheval

Interior

Heating Forced Air

Cooling Central Air

Exterior

View Y/N No

Building

Structure Type Vinyl Siding

Schools

School District Grosse Pointe

Others

Tax ID 39007130018000

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

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Listed by Jim Saros Real Estate Services
agent

Neil Hackler

Real Estate Advisor | License ID: 167138

+1(773) 677-3479

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