For more information regarding the value of a property, please contact us for a free consultation.
1322-1324 Wayburn Street Grosse Pointe, MI 48230
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Municipality Grosse Pointe Park City
Subdivision Grosse Pointe Park City
MLS Listing ID 20230084249
Sold Date 02/14/24
HOA Y/N true
Year Built 1924
Annual Tax Amount $6,670
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 34.00 x 101.50
Source Realcomp
Property Description
Nestled between Grosse Pointe Park's two busiest streets for dining/nightlife, Charlevoix and Kercheval, this fully renovated two-family building emerges as a superior investment opportunity. This Upper/Lower Flat building caters to either owner-occupants seeking to have a part of their monthly mortgage paid for or shrewd investors seeking steady returns. Nothing has been left untouched in this building, both mechanically and cosmetically; this owner is truly meticulous! Cosmetically, there is nothing left to do: renovated kitchens with new cabinets, stone surfaces, subway tile backsplash, and new appliances; renovated bathrooms with new fixtures, new tile flooring, and subway tile showers; replacement light fixtures throughout; refinished hardwoods throughout; and more! Mechanically, the property is future-proofed, having seen significant updates: a brand-new central AC system (September 2023); replacement Wallside Windows throughout the entire building (with transferrable warranty); a newer tear-off composite shingle roof; GFA furnaces; updated plumbing, including a replacement PVC drain pipe "Plumbing Stack" (2023); and updated electrical. Outdoors, front and rear balconies offer relaxation spaces, and a 2-car detached garage provides utility. The basement contains individual storage spaces, complete with washer/dryer facilities for each unit. Additionally, the unfinished third-floor space is easily finished with the ability to add an additional bedroom with a minimal up-front cost (and upside in rents)! As the epitome of location, design, and enduring quality, 1322 Wayburn promises investors both substantial income and minimal upkeep.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction Head southeast. Go for 72 ft.Then 0.01 milesTurn right toward E Jefferson Ave. Go for 210 ft.Then 0.04 milesTurn right onto E Jefferson Ave. Go for 0.1 mi.Then 0.1 milesTurn right onto Alter Rd. Go for 0.6 mi.Then 0.6 milesTurn right onto Vernor Hwy E. Go for 427 ft.Then 0.08 milesTurn left. Go for 246 ft.
Interior
Heating Forced Air
Cooling Central Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Roof Type Composition
Building
Sewer Public
Water Public
Structure Type Stucco,Vinyl Siding
Schools
School District Grosse Pointe
Others
Tax ID 39007130017000
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Read Less
GET MORE INFORMATION




