5530 Grayton Street new Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48224
Key Details
Property Type Single Family Home
Sub Type Colonial
Listing Status Active
Purchase Type For Sale
Square Footage 1,420 sqft
Price per Sqft $91
Subdivision Eastern Heights Land Companys Sub 1
MLS Listing ID 81025008279
Style Colonial
Bedrooms 3
Full Baths 1
Half Baths 1
HOA Y/N no
Originating Board Greater Metropolitan Association of REALTORS®
Year Built 1930
Annual Tax Amount $1,800
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 39 x 149 x 39 x 150
Property Sub-Type Colonial
Property Description
Charming 3-bedroom, 1.5-bath home nestled in the sought-after English Village neighborhood! Spanning 1,420 sq. ft., this property presents a fantastic investment opportunity as a Section 8 rental, currently generating $1,400 per month in guaranteed income. Featuring a spacious layout, this well-maintained home provides tenants with both comfort and convenience. Located in a high-demand rental market, it offers strong potential for steady returns. Professionally managed by a trusted property management company. Don't miss out on this income-producing opportunity!
Location
State MI
County Wayne
Area Det Con-Mors/Grat. Hstn/7 Mack
Direction Take the nearest exit from I-94 E and merge onto Harper Ave. Drive for about a mile, then turn right onto Cadieux Rd. After another mile, turn left onto W Warren Ave. Drive half a mile, then turn right onto Grayton St. Continue straight, and 5530 Grayton St will be on your right.
Interior
Interior Features Laundry Facility
Hot Water Natural Gas
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Parking Features Detached
Roof Type Asphalt
Garage yes
Building
Foundation Basement,Crawl
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street
Water Public (Municipal),Water at Street
Architectural Style Colonial
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Tax ID 21074008
Ownership Corporate/Relocation
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional