Detroit, MI 48224,5530 Grayton Street
Detroit, MI 48224,5530 Grayton Street
Detroit, MI 48224,5530 Grayton Street
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$130,000
Est. payment /mo
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3 BD
1.5 BA
1,420 SqFt
New

5530 Grayton Street Detroit, MI 48224

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UPDATED:

03/06/2025 09:50 PM

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


Realcomp MLS
Listed by Kingsley Ifezue of Detroit Metro Realty

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agent

Matt Demorest

Broker | License ID: 6502432801

+1(734) 882-8194

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5530 Grayton Street