JDonovan Smith

(313) 595-4331

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3011 Grand Blvd
Detroit, MI 48202

(313) 595-4331

2945 W Grand St, Detroit, MI 48238

$ 124,900

8beds4baths

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Property Info

Status:Active

MLS #:20240044985

Price:$ 124,900

Beds:8

Baths:4 Baths (4 F)

Type:Multi-Family

Size:4,144 ft²

Lot Size:6,534 ft²

Remarks

Incredible Investment Opportunity! This multi-family unit is ideal for both new and experienced investors. With ample space, it can be converted into a profitable Airbnb or stylish apartments. Conveniently located near The Lodge and I96, this property is sure to be a diamond in the rough.

General Information

APN:

W12I004613S

County:

Wayne

Subdivision:

ROBT OAKMANS FORD HIGHWAY AND LINWOOD SUB (PLATS)

Building Details

Year Built:

1924

# of Stories:

Heating/Ventilation:

Forced Air, Separate Meters

Commercial Details

Zoning:

Multi-Family

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Total:

$124,900

20% Down:

$24,980

Financing:

$99,920

30 Yr Fixed^*
6.32 %
(6.36% APR)
$620 / month

15 Yr Fixed^*
5.57 %
(5.65% APR)
$820 / month

5/1 ARM^*
5.92 %
(7.07% APR)
$594 / month

*Rates for September 2024. Information displayed is accurate as of the date of the latest update and is subject to change without notice. Loan pricing can only be locked through a home mortgage consultant. Other restrictions may apply. The Rate/APR and other terms may vary from those displayed based on the creditworthiness of the borrower, the type of dwelling, whether the borrower is self-employed, the location of the property and other factors. Please contact a lender in your area to determine what rates you qualify for.

**Rates calculated from national averages. To determine rates in your area please contact your local lender.

Local Schools

School Name	Type	Distance
Stewart Performance Academy 13120 Wildemere Street, Detroit MI 48238 (313) 852-1450 Ratings Reviews	charter	0.2 mi
New Paradigm Glazer Academy 2001 La Belle Street, Detroit MI 48238 (313) 833-1100 Ratings Reviews	charter	0.6 mi
Joy Preparatory Academy 15055 Dexter Avenue, Detroit MI 48238 (313) 340-0023 Ratings Reviews	charter	0.8 mi
Marshall Thurgood Elementary School 15531 Linwood Street, Detroit MI 48238 (313) 494-8820 Ratings Reviews	public	0.9 mi
Central Collegiate Academy 2425 Tuxedo Street, Detroit MI 48206 (313) 252-3000 Ratings Reviews	public	1 mi
Durfee Elementary-Middle School 2425 Tuxedo Street, Detroit MI 48206 (313) 252-3070 Ratings Reviews	public	1 mi
Hope Academy 12121 Broadstreet Avenue, Detroit MI 48204 (313) 934-0054 Ratings Reviews	charter	1.1 mi
Louisiana Homes School 1946 Webb, Detroit MI 48206 (313) 868-8724 Ratings Reviews	private	1.1 mi
Todd Phillips Learning Resource 1561 Webb, Detroit MI 48206 (313) 866-8077 Ratings Reviews	private	1.3 mi
Clinton St. Greater Beth Tem CHRC 2901 Rochester, Detroit MI 48206 (313) 361-1114 Ratings Reviews	private	1.3 mi
Muhammad University of Islam 16187 Hamilton Ave, Highland Park MI 48203 (313) 342-4574 Ratings Reviews	private	1.5 mi
Robeson Academy Malcolm X Academy 2585 Grove Street, Detroit MI 48221 (313) 494-8100 Ratings Reviews	public	1.5 mi
St. Cecilia School 6327 Burlingame St, Detroit MI 48204 (313) 933-2400 Ratings Reviews	private	1.5 mi
Flagship Charter Academy 13661 Wisconsin Street, Detroit MI 48238 (313) 933-7933 Ratings Reviews	charter	1.6 mi
Starting Point Montessori Center 7578 Puritan St, Detroit MI 48238 (313) 341-8285 Ratings Reviews	private	1.6 mi
Career Academy/Adult Education 12541 2nd Avenue, Highland Park MI 48203 (313) 957-3007 Ratings Reviews	public	1.6 mi
George Washington Carver Elementary School 14510 2nd Avenue, Highland Park MI 48203 (313) 865-6024 Ratings Reviews	charter	1.7 mi
George Washington Carver Middle School 14510 2nd Avenue, Highland Park MI 48203 (313) 865-6024 Ratings Reviews	charter	1.7 mi
Noble Elementary-Middle School 8646 Fullerton Avenue, Detroit MI 48238 (313) 873-0377 Ratings Reviews	public	1.7 mi
Mary Mcleod Bethune Elementary-Middle School 8145 Puritan Street, Detroit MI 48227 (313) 494-3830 Ratings Reviews	public	1.7 mi
Muhammad University Islam 14880 Wyoming Street, Detroit MI 48238 (313) 931-0802 Ratings Reviews	private	1.7 mi
Henry Ford Academy:School for Creative Studies-Elementary 10225 3rd Avenue, Detroit MI 48202 (313) 826-1159 Ratings Reviews	charter	1.8 mi
Gesu Catholic School 17139 Oak Drive, Detroit MI 48221 (313) 863-4677 Ratings Reviews	private	1.8 mi
Look Whos Learning CCC 8501 Puritan Street, Detroit MI 48238 (313) 864-5464 Ratings Reviews	private	1.8 mi
Barber Elementary School 45 East Buena Vista Street, Highland Park MI 48203 (313) 957-3005 Ratings Reviews	charter	1.9 mi
Data provided by GreatSchools.org ©2023. All rights reserved.

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For more information about 2945 W Grand St, Detroit, MI, 48238 or additional property in Detroit, MI, please contact JDonovan Smith.

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