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Katie Wright

kawrealty@gmail.com +1(248) 403-3182

$ 649,900

Est. payment -/mo

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1243 Lakepointe ST Grosse Pointe Park, MI 48236

7 Beds

3 Baths

3,676 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Active

Purchase Type For Sale

Square Footage 3,676 sqft

Price per Sqft $176

Subdivision Lake Pointe Heights Subdivision

MLS Listing ID 58050226817

Style Morethan2Stories,Colonial,Duplex

Bedrooms 7

Full Baths 3

Year Built 1917

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type SingleFamilyResidence

Property Description

Rare opportunity offering the best of both worlds, this exceptional property features an impressive 2,219 square foot, 4 bedroom, 2 bath owner's residence occupying the second and third floors along with a spacious 3 bedroom first floor apartment providing an excellent opportunity for rental income to help offset your monthly housing expenses. Enjoy the space, privacy and comfort of a single family home while benefiting from an income producing property. Unlike purchasing a comparable single family residence, this unique opportunity allows you to have rental income working to reduce your overall cost of ownership. The beautifully renovated owner's suite features a high end, open concept kitchen, spacious primary bedroom with adjoining sitting room, generous living and dining areas and a remodeled bathroom. Ideally located just steps from Grosse Pointe Park's revitalized Kercheval business district, with its outstanding restaurants, caf©s and boutique shops and just a short walk to both Windmill Pointe Park and Patterson Park. Extensive improvements include remodeled kitchens and bathrooms in both units, mini split HVAC system on the second and third floors, replacement windows, updated electrical panels, plumbing and electrical improvements, two high efficiency water heaters, updated flooring and fresh interior paint. Additional features include a detached 2 car garage, driveway parking for three or more vehicles, covered front porches, decorative landscaping and a shared basement recreation and laundry area with separate washers and dryers for each unit. An exceptional opportunity to enjoy the lifestyle of a spacious single family home while letting rental income help pay for it; all in one of Grosse Pointe Park's most desirable locations.

Location

State MI

County Wayne

Area Area05065Grossepointepark

Rooms

Basement Block, Partially Finished

Interior

Interior Features EatInKitchen, EntranceFoyer, WalkInClosets

Heating Natural Gas, Other Heating Source, Steam

Cooling Other, Window Units

Flooring CeramicTile, Hardwood

Fireplace No

Exterior

Parking Features TwoCarGarage, Assigned2Spaces, Detached, Garage, OffStreet, Paved

Garage Spaces 2.0

Pool None

View Y/N No

Garage true

Building

Foundation Basement, Block

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Grosse Pointe

Others

Acceptable Financing Cash, Conventional, FHA, VaLoan

Listing Terms Cash, Conventional, FHA, VaLoan

Special Listing Condition ShortSaleNo, Standard

Listed by Steven P Scavone of Shorepointe Real Estate Assoc., Inc.

Katie Wright

Broker Associate License ID: 387021

+1(248) 403-3182

Katie Wright

1243 Lakepointe ST Grosse Pointe Park, MI 48236

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1243 Lakepointe ST