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Key Details
Sold Price $100,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,420 sqft
Price per Sqft $70
Municipality Detroit City
Subdivision Eastern Heights Land Companys Sub 1
MLS Listing ID 25008279
Sold Date 06/27/25
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
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Bought with Detroit Metro Realty
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