1318 Wayburn St Grosse Pointe, MI 48230

West Park two-unit apartment building with a rare open-concept layout and central AC, offering strong in-place cash flow! Located in the rapidly appreciating West Park neighborhood of Grosse Pointe Park—one of Metro Detroit’s most desirable rental markets—this property boasts a long list of features. The recently renovated upper apartment features an open-concept layout, a beautifully updated bathroom, a new furnace and AC unit, and a private balcony. Throughout the building, you'll find charming original details and stunning hardwood floors. Both apartments have private basements with washer/dryer hookups and ample storage. Additional highlights include a two-car garage, a new privacy fence, and a lovely backyard—perfect for pets. Owner covers water, lawn care, and snow removal, while tenants handle gas and electric. The property currently grosses $34,200 per year, with one unit rented below market value—offering potential for even higher returns! Just steps from everything West Park has to offer, including Le Rouge Coffee & Bakery, Howlers & Growlers, The Charlevoix, 313 Wine Bar, Atwater Brewery, The Bricks, and more! Access to 2 resident only waterfront parks with pool, boat wells, movie theatres, fitness center, playscapes, and much more!