Detroit, MI 48224,5530 Grayton Street
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Detroit, MI 48224,5530 Grayton Street
Detroit, MI 48224,5530 Grayton Street
Detroit, MI 48224,5530 Grayton Street
Detroit, MI 48224,5530 Grayton Street
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$ 130,000
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5530 Grayton Street Detroit, MI 48224

3 Beds

2 Baths

1,420 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,420 sqft

Price per Sqft $91

Municipality Detroit City

Subdivision Eastern Heights Land Companys Sub 1

MLS Listing ID 25008279

Style Colonial

Bedrooms 3

Full Baths 1

Half Baths 1

Year Built 1930

Annual Tax Amount $1,800

Tax Year 2023

Lot Size 5,663 Sqft

Acres 0.13

Lot Dimensions 39 x 149 x 39 x 150

Property Sub-Type Single Family Residence

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 Wayne County - 100

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.

Rooms

Basement Crawl Space, Full

Interior

Heating Forced Air

Fireplace false

Laundry In Unit

Exterior

Parking Features Detached

Garage Spaces 1.0

Utilities Available Natural Gas Available, Electricity Available

View Y/N No

Roof Type Asphalt

Garage Yes

Building

Story 2

Sewer Public

Water Public

Architectural Style Colonial

Structure Type Brick

New Construction No

Schools

Elementary Schools Ronald Brown Academy

Middle Schools Ronald Brown Academy

High Schools East English Village Preperatory Academy

School District Detroit

Others

Tax ID 21074008.

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by Detroit Metro Realty
agent

John L Reagan

Managing Broker | License ID: 6501402123/RB14035971

+1(219) 808-5161

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5530 Grayton Street