Grosse Pointe Park, MI 48230,1318 WAYBURN Street
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Grosse Pointe Park, MI 48230,1318 WAYBURN Street
Grosse Pointe Park, MI 48230,1318 WAYBURN Street
Grosse Pointe Park, MI 48230,1318 WAYBURN Street
Grosse Pointe Park, MI 48230,1318 WAYBURN Street
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$ 375,000
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1318 WAYBURN Street Grosse Pointe Park, MI 48230

2 Beds

2 Baths

1,932 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,932 sqft

Price per Sqft $194

Subdivision Alter Heights Sub

MLS Listing ID 20250021770

Style Duplex

Bedrooms 2

Full Baths 2

Originating Board Realcomp II Ltd

Year Built 1924

Annual Tax Amount $6,907

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 34.80 x 101.50

Property Sub-Type Duplex

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 Grosse Pointe Park

Zoning Multi-Family

Direction N of Alter and W of Kercheval

Rooms

Basement Unfinished

Interior

Interior Features Laundry Facility

Heating Forced Air

Cooling Central Air

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Garage Spaces 4.0

Porch Porch

Road Frontage Paved

Garage yes

Building

Foundation Basement

Sewer Sewer at Street

Water Water at Street

Architectural Style Duplex

Level or Stories 2 Story

Structure Type Vinyl

Schools

School District Grosse Pointe

Others

Pets Allowed Yes

Tax ID 39007130018000

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA


Realcomp MLS
Listed by James B Saros of Jim Saros Real Estate Services
agent

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

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1318 WAYBURN Street