5310 Grayton ST, Detroit, MI 48224
5310 Grayton ST, Detroit, MI 48224
5310 Grayton ST, Detroit, MI 48224
59
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$39,900
Est. payment /mo
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3 Baths
1,564 SqFt
Active

5310 Grayton ST Detroit, MI 48224

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Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 1,564 sqft

Price per Sqft $25

Subdivision Eastern Heights Land Companys Sub 1

MLS Listing ID 20261045431

Style Upper Lower Apartment, Victorian

Full Baths 2

Half Baths 1

Year Built 1930

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type MultiFamily

Property Description

Great opportunity to invest in the city of Detroit. This brick multi-family home is located in Detroit's East English Village neighborhood. Zoned R1. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter on a new construction loan. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. BATVAI. See attached documents for DLBA requirements and offer submission information.

Location

State MI

County Wayne

Area Area05055Detconmorsgrathstn7Mack

Rooms

Basement Unfinished

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Pool None

View Y/N No

Garage false

Building

Foundation Basement, Block

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition GovernmentOwned, ShortSaleNo

Pets Allowed No


Realcomp MLS
Listed by Leonard A Pickett III of RCH Brokerage Legacy Inc

NEARBY SCHOOL & BUSINESS

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Cyrus Wheeler

Cyrus Wheeler

Broker | License ID: 6501414673

+1(313) 482-7432

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5310 Grayton ST