316 Hillcrest Avenue Grosse Pointe Farms, MI ^$ 369,000

316 Hillcrest Avenue

^$ 369,000

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316 Hillcrest Avenue

Grosse Pointe Farms, MI, 48236

^$ 369,000

Studio Baths2.0 Sq 2,200

Monthly Estimate*

^$ 2,210

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Studio

Multi-Family Home for sale in Grosse Pointe Farms, MI

for $369,000 with 2 full baths. This 2,200 square foot home was built in 1921 on a lot size of 0.17.

Meticulously maintained and nestled in the prestigious neighborhood of Grosse Pointe Farms this duplex presents an exceptional opportunity. Each unit features 2 bedrooms and 1 bath and has its own private entrance and separate metering, ensuring privacy and convenience for both occupants. The interior spaces are thoughtfully designed with an open concept layout, creating a seamless flow between the living, dining, and updated kitchen areas. Located in one of Grosse Pointe Farms' most coveted neighborhoods, finding a well-maintained two-family residence like this is a true rarity. Whether you're an investor seeking reliable rental income or looking for a home with a built-in rental opportunity, this property promises both versatility and potential. C of O was just completed!

Multi-Family Pending

Price

^$ 369,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 7,357

Style

Lot Size

0.17

Year Built

1921

Town/City

Grosse Pointe Farms

County/Region

Wayne

MLS | Web ID

60323757

Features

General

Heating Forced Air

Cooling Ceiling Fan(s)

Possession At Close

Water Public Water at Street

Status Pending Pending

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1921

Parking Garage

Subdivision WM F BEAUPRE SUB MI

Water Heater Gas

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 18600

Percent Ownership Private

Municipality Grosse Pointe Farms

Zoning Multi-Family

Structure Style 2 Story

Area Grosse Pointe Farms (82334)

Primary City Grosse Pointe Farms

Directions Heading East on Moross take a right hand turn onto Piche st then a left onto hillcrest and the home will be on the left hand side of the street

City Grosse Pointe Farms

School District Grosse Pointe Public Schools

Financial Terms Cash Conventional Exchange/Trade FHA VA

Legal Description FMD26 LOT 26 WM. F. BEAUPRE SUB PC 123 L42 P73 WCR

DOM 28

Postal Code 48236

Price Per Sq Ft Total AG 167.73

Coming Soon

Interior

Basement Block Egress/Daylight Windows

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Cedar

Frontage 50

Lot Size Area 0.17

Lot Dimensions 50.00 x 150.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Zachary Van Elslander

Listing Agent

Jim Saros Real Estate Services

Broker

zach.vanelslander@sarosres.com

Affordability Calculator

$2,823

Per Month

Monthly Principal & Interest: $2,210
Monthly Property Taxes: $613
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Grosse Pointe Farms, MI

Average List Price ^$369,000

Percent of Sale Price 0%

About Grosse Pointe Farms, MI

9,874 Population

1% Since 2002

^$120,665 Median Income

47.77 Median Age

38% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759686 Elementary School

759732 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/16/2024	$369,000		Listed Price

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316 Hillcrest Avenue, Grosse Pointe Farms, MI, 48236 is a Multi-Family Home for sale at $369,000 with 2,200 sqft and a lot size of 0.17. 316 Hillcrest Avenue is a studio with 2.0 baths and was built in 1921. The property's zip code is 48236 which is in Grosse Pointe Farms, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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316 Hillcrest Avenue

Multi-Family Home for sale in Grosse Pointe Farms, MI

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