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Scott Hutchison

scott@web-homes.net +1(616) 291-0440

$ 459,000

Est. payment | -/mo

4 Baths

4,356 Sqft Lot

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$ 459,000

Est. payment | -/mo

Save

4 Baths

4,356 Sqft Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Municipality Grosse Pointe Park City

Subdivision Grosse Pointe Park City

MLS Listing ID 20261084759

Year Built 1926

Annual Tax Amount $11,692

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 40 x 108

Source Realcomp

Property Description

Rare investment opportunity in Grosse Pointe Park, one of Metro Detroit's most sought-after rental markets! Multifamily properties like this charming brick 4 unit building rarely come to market, often remaining in the same ownership for decades. Offering timeless character, hardwood floors, and updates throughout, this well-maintained property features a brand-new roof (2026), four separate HVAC systems, individually metered gas and electric, and a convenient four-space rear parking pad. All units are 2 bed 1 full bath. Strong rental income generating $4,795 per month ($57,540 annually), with upside potential through rent increases and expense reductions. An excellent opportunity for investors seeking long-term wealth building through rental income, appreciation, and valuable tax advantages, including depreciation deductions and eligible rental property expenses.An outstanding opportunity for owner-occupants looking to house hack! Live in one apartment while renting out the other three to help offset mortgage payments, property taxes, insurance, and carrying costs, potentially reducing personal housing expenses while building equity in a multifamily asset.Tenants enjoy access to two exclusive resident-only waterfront parks, award-winning Grosse Pointe Public Schools, and all the amenities Grosse Pointe Park offers. Ideally situated steps from Fairfax Market for everyday grocery convenience, neighborhood favorite Village Wine Shop, and the vibrant West Park district featuring local coffee shops, restaurants, bars, and nightlife.Rare opportunity to own a solid brick four-unit property in the heart of Grosse Pointe Park. Generate income, build equity, enjoy potential tax benefits, and invest in one of Metro Detroit's most desirable communities!

Location

State MI

County Wayne

Zoning Residential

Direction Between Fairfax & Jefferson

Interior

Heating Forced Air, Radiant

Exterior

View Y/N No

Building

Structure Type Brick

Schools

School District Grosse Pointe

Others

Tax ID 39009010158002

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by Jim Saros Real Estate Services

NEARBY SCHOOLS & PROPERTIES

“Part of my Job as Your Real Estate Expert is to protect you from the incompetency that runs rampet in our industry”

+1(616) 291-0440

scott@web-homes.net

8 N. Bridge Street Suite 104B, Rockford, MI 49341, United States

910 Beaconsfield Avenue Grosse Pointe Park, MI 48230

Scott Hutchison

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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910 Beaconsfield Avenue