3028 GRAY Street new Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48215 2489
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,366 sqft
Price per Sqft $17
Subdivision Mi
MLS Listing ID 60372078
Style 2 Story
Full Baths 2
Year Built 1924
Annual Tax Amount $722
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 35.00 x 122.00
Property Sub-Type Multi-Family
Property Description
Located in a thriving, up-and-coming neighborhood, 3028 Gray offers a fantastic opportunity for investors or buyers looking for a manageable rehab project. This duplex provides two separate units, offering flexibility for either rental income or as a future home. The neighborhood is home to a large Detroit employer, adding to the appeal of the location and ensuring a steady demand for housing. In addition, the community boasts great neighbors who take pride in their homes, creating a welcoming atmosphere for residents. With minimal updates needed, including furnace installation and some minor bathroom improvements, this property is an excellent investment in a growing area with a lot of upside. The affordable price point and the neighborhood’s revitalization make 3028 Gray an attractive choice for those looking to capitalize on Detroit’s real estate market. Key Features: Duplex with two separate units Furnace installation and bathroom updates required Great investment potential in a developing neighborhood with a large Detroit employer Friendly, well-established neighbors contributing to a tight-knit community Close to local amenities, shops, and public transportation Land Bank Notes: Land Bank property requiring furnace installation and bathroom updates to meet inspection standards Ideal for investors looking for a property with minimal rehab needed to pass Land Bank inspection Affordable opportunity to enter Detroit’s real estate market with high potential for long-term value
Location
State MI
County Wayne
Area Detroit (82001)
Interior
Heating Forced Air,Hot Water
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Bank Owned
Assessment Amount $350
Energy Description Natural Gas
Financing Cash,FHA 203K
Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20250011630