999-997 Nottingham Street
Grosse Pointe Park, MI 48230
Multi Family · MLS # 58050221729 · Listing courtesy of W.C. Collins Realty
About this home
Fantastic opportunity to own one of the few 4 plexes in Grosse Pointe below Jefferson. Each unit is rented and in excellent shape. Hardwood floors, efficient kitchens, formal dining rooms, bedrooms at rear of apartment eliminates noise from entertaining, full attic up for storage for all tenants. Each unit has stove, refrigerator, separate basement space with washer, dryer, boiler, hot water tank and circuit break electrical panels, all updated. Lower units have their own porch, upper shares a large porch. 4 car garage, so 1 unit for each apt. and 1 extra alley parking spot. DTE has two on at dusk, off at dawn lights on property one in alley and one on side of building. Each tenant pays their own utilities. Conveniently located close to freeways, bus lines, schools, shopping, fine dining, hospitals use of the beautiful Grosse Pointe Park Waterfront park. Each unit is excellently maintained with stable tenants, who enjoy all the perks Grosse Pointe has to offer. Possible LC.
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Grosse Pointe Park
Over the last 90 days, 25 homes sold in Grosse Pointe Park for a median of $605,000, about $193 per square foot, and the typical one went under contract in 2 days. This home is listed at $528,500, or $126 per square foot, 35% below the city median, and has been on the market 7 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Grosse Pointe Park sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $8,501 a year. A buyer who lives here would pay about $6,955 to $14,563 a year once the taxable value resets after the sale, at the 2025 homestead rate of 54.57 mills for Grosse Pointe Park City and Grosse Pointe 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
Similar homes in Grosse Pointe Park
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