Real Estate One®

Nestled between Grosse Pointe Park's two busiest streets for dining/nightlife, Charlevoix and Kercheval, this fully renovated two-family building emerges as a superior investment opportunity. This Upper/Lower Flat building caters to either owner-occupants seeking to have a part of their monthly mortgage paid for or shrewd investors seeking steady returns. Nothing has been left untouched in this building, both mechanically and cosmetically; this owner is truly meticulous! Cosmetically, there is nothing left to do: renovated kitchens with new cabinets, stone surfaces, subway tile backsplash, and new appliances; renovated bathrooms with new fixtures, new tile flooring, and subway tile showers; replacement light fixtures throughout; refinished hardwoods throughout; and more! Mechanically, the property is future-proofed, having seen significant updates: a brand-new central AC system (September 2023); replacement Wallside Windows throughout the entire building (with transferrable warranty); a newer tear-off composite shingle roof; GFA furnaces; updated plumbing, including a replacement PVC drain pipe "Plumbing Stack" (2023); and updated electrical. Outdoors, front and rear balconies offer relaxation spaces, and a 2-car detached garage provides utility. The basement contains individual storage spaces, complete with washer/dryer facilities for each unit. Additionally, the unfinished third-floor space is easily finished with the ability to add an additional bedroom with a minimal up-front cost (and upside in rents)! As the epitome of location, design, and enduring quality, 1322 Wayburn promises investors both substantial income and minimal upkeep.