Detroit, MI 48215,3028 GRAY ST
Detroit, MI 48215,3028 GRAY ST
Detroit, MI 48215,3028 GRAY ST
3
$42,500
Est.Price: ?

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2 BA
2,366 SqFt

3028 GRAY ST Detroit, MI 48215

Est. payment /mo
SOLD DATE : 03/10/2025

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Key Details

Property Type Multi-Family

Sub Type MultiFamily

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

Full Baths 2

Year Built 1924

Property Sub-Type MultiFamily

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 Area05066Detmcclellaneastmacktoshore

Interior

Heating ForcedAir, HotWater, NaturalGas

Exterior

Parking Features OneCarGarage

Garage Spaces 1.0

Pool None

View Y/N No

Building

Foundation Basement, BrickMortar

Sewer PublicSewer

Water Public

Schools

School District Detroit

Others

Acceptable Financing Cash, FHA203K

Listing Terms Cash, FHA203K

Special Listing Condition ShortSaleNo, Standard

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Realcomp MLS
Listed by Brock House of KW Metro
Bought with EXP Realty Main

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Ron Otto

Ron Otto

Agent | License ID: 6501430575

+1(989) 370-1245

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