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5541 Grayton Street Detroit, MI 48224
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Key Details
Sold Price $80,000
Property Type Single Family Home
Sub Type Colonial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,302 sqft
Price per Sqft $61
Subdivision Eastern Heights Land Companys Sub 1
MLS Listing ID 81024046256
Sold Date 01/15/25
Style Colonial
Bedrooms 3
Full Baths 2
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 144 x 39 x 143
Property Description
3-Bedroom Rental in East English Village, Detroit** Serious investors only!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.THE PRICE IS FIRM! Tenant has their own water account set up
Location
State MI
County Wayne
Area Det Con-Mors/Grat. Hstn/7 Mack
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.
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 None
Architectural Style Colonial
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Tax ID 21074191
Ownership Private Owned
Acceptable Financing Cash, Conventional, VA
Listing Terms Cash, Conventional, VA
Financing Cash,Conventional,VA
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