5541 Grayton Street Detroit, MI 48224
UPDATED:
11/18/2024 05:19 AM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,054 sqft
Price per Sqft $53
Municipality Detroit City
Subdivision Eastern Heights Land Companys Sub 1
MLS Listing ID 24046256
Style Colonial
Bedrooms 3
Full Baths 2
Year Built 1930
Annual Tax Amount $1,800
Tax Year 2023
Lot Size 5,663 Sqft
Acres 0.13
Lot Dimensions 39 x 144 x 39 x 143
Property Description
Investors, don't miss this prime opportunity in Detroit's desirable East English Village! This 4-bedroom, 1-bathroom turnkey rental property is already income-producing, with a long-term tenant of 12 years in place, paying $1,100 per month. Professionally managed by a reliable property management company, this property offers hassle-free ownership and consistent cash flow.
Located on the east side of Detroit, East English Village is known for its strong community vibe and well-maintained homes. Whether you're looking to expand your portfolio or secure your first rental property, this gem provides stability and peace of mind.
Location
State MI
County Wayne
Area Wayne County - 100
Direction To reach 5541 Grayton St, Detroit, MI 48224, start by taking the nearest exit from I-94 E. Merge onto Harper Ave and continue for about a mile. Then, take a right onto Cadieux Rd and drive straight for another mile. Turn left onto W Warren Ave, and after about half a mile, turn right onto Grayton St. Property will be on your left.
Rooms
Basement Crawl Space, Full
Interior
Heating Forced Air
Fireplace false
Laundry In Unit
Exterior
Garage Detached
Garage Spaces 1.0
Utilities Available Natural Gas Available, Natural Gas Connected, Public Sewer
Waterfront No
View Y/N No
Garage Yes
Building
Story 2
Sewer Public Sewer
Water None
Architectural Style Colonial
Structure Type Brick
New Construction No
Schools
School District Detroit
Others
Tax ID 21074191.
Acceptable Financing Cash, VA Loan, Conventional
Listing Terms Cash, VA Loan, Conventional
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