3028 GRAY Street new

Detroit,MI 48215

$ 42500

2 Beds

2 Baths

2366 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,366 sqft

Price per Sqft $17

Subdivision Daniel J Campaus (Plats)

MLS Listing ID 20250011630

Style Duplex

Bedrooms 2

Full Baths 2

Originating Board Realcomp II Ltd

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 Duplex

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 Det: Mcclellan East/Mack To Shor

Zoning Multi-Family,Residential

Direction north on mack right on gray

Rooms

Basement Unfinished

Interior

Heating Forced Air,Hot Water

Fireplace no

Heat Source Natural Gas

Exterior

Garage Spaces 1.0

Road Frontage Paved

Garage yes

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Duplex

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W21I048539S

Ownership Bank Owned,Short Sale - No

Assessment Amount $350

Acceptable Financing Cash,FHA 203K

Listing Terms Cash,FHA 203K

Financing Cash,FHA 203K

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