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3028 GRAY Street Detroit, MI 48215
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Key Details
Sold Price $30,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,366 sqft
Price per Sqft $12
Subdivision Daniel J Campaus (Plats)
MLS Listing ID 20250011630
Style Duplex
Bedrooms 2
Full Baths 2
Year Built 1924
Annual Tax Amount $722
Lot Size 4,356 Sqft
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
Interior
Heating Forced Air, Hot Water
Exterior
Garage Spaces 1.0
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Detroit
Others
Assessment Amount $350
Acceptable Financing Cash, FHA 203K
Listing Terms Cash, FHA 203K
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