253 Grove Street

About this home

This generously sized Multifamily income property offers plenty of space, comfort, and flexibility for tenants or an owner-occupant. The spacious layout provides large living areas, well-proportioned bedrooms, and ample room for everyday living, entertaining, or additional storage. Both units have a Living Room, Dining Room, 2 Bedroom, and Back/Sun Room. All of the furnishings and working appliances are included with the sale for the right offer! The 2nd level Master bedroom is overflowing space. With its functional floor plan and abundant interior space, this property presents an excellent opportunity for rental income while offering tenants a comfortable place to call home. Whether you're an investor looking to add to your portfolio or a buyer seeking a property with income potential, this spacious Multifamily worth a closer look.

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Highland Park

Over the last 90 days, 25 homes sold in Highland Park for a median of $60,000, about $46 per square foot, and the typical one went under contract in 27 days. This home is listed at $120,000, or $51 per square foot, 11% above the city median, and has been on the market 14 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Highland Park sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $1,093 a year. A buyer who lives here would pay about $896 to $3,831 a year once the taxable value resets after the sale, at the 2025 homestead rate of 63.22 mills for Highland Park City and Highland Park schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.

Location

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