$280,000
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1422-1424 MARYLAND ST Grosse Pointe Park, MI 48230
2 Baths
2,027 SqFt
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Sold
Purchase Type For Sale
Square Footage 2,027 sqft
Price per Sqft $145
Subdivision Maryland Ave Sub
MLS Listing ID 20240071095
Style Duplex
Full Baths 2
Year Built 1924
Property Sub-Type MultiFamily
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 Area05065Grossepointepark
Interior
Heating ForcedAir, NaturalGas
Cooling CentralAir
Exterior
Parking Features OneCarGarage
Garage Spaces 1.0
Pool None
View Y/N No
Roof Type Asphalt
Building
Foundation Basement, BrickMortar
Sewer PublicSewer
Water Public, SeparateMeters
Schools
School District Grossepointe
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
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