5310 Grayton

Detroit, MI 48224
  • $39,900

    Price
  • 0

    Bed
  • 3

    Bath
  • 1,564

    SqFt

About the Listing 102699 - RC306589,RC327151

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.

Listing Highlights

Status Active
Days on Site 13
Property Type Multi-Family
MLS ® 61013145
Year Built 1930
Total Square Footage 1,564
Lot/Acreage 0.14

Interior Details

  • Bedrooms: 0
  • Bathrooms: 2 Full / 1 Half
  • Appliances:
  • Air Cond:
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 1564
  • Below Ground Sq Ft: n/a
  • Basement: Block
  • Other:
  • Water: Public Water

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 40X150
  • Zoning: Residential
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $185
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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  • in Taxes
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5310 Grayton Detroit, MI 48224

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Originating MLS: RealComp

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Melanie Lovati

Associate Broker | Innovation RES | Innovation Real Estate Specialists

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