DennisStrasser
BEDS0
BATHS2 full 1 partial
SQUARE FEET1,564
MLS#20261045431
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONEastern Heights Land Companys Sub 1
SCHOOLDetroit
Property Description
Great opportunity to invest in the city of Detroit. This brick multi-family home is located in Detroit's East English Village neighborhood. Zoned R1. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter on a new construction loan. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. BATVAI. See attached documents for DLBA requirements and offer submission information.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Upper/Lower Apartment, Victorian
Lot Size: 0.14 Acres
Year Built: 1930
Feature Descriptions
Architecture: Upper/Lower Apartment, Victorian
Exterior: Brick
Foundation: Basement
Lot Dimensions: 0.14 Acre(s)
Road Frontage: Paved
Summer Tax: $185.0000
Winter Tax: $0.0000
Local Schools
School District: Detroit
Listed By / Shown By
Listed By
Agency Name: RCH Brokerage Legacy Inc
Agency Phone: (248) 440-2268
Shown By
Agent Name: Dennis Strasser
Agent Phone: (810) 227-1016 ext. 212
Agency Title: Griffith Realty
Estimate Your Payment
Estimated Payment
$ 100.44 per month $88.80 Principal & Interest $0.00 Property Tax (data not provided by mls) $11.64 Homeowner's InsuranceChange Payment Information
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5310 Grayton Street | MLS# 20261045431
This multi-family property located at 5310 Grayton Street , Detroit, MI 48224 is currently listed for sale with an asking price of $39,900. Grayton Street is located within the Detroit school district. Search Detroit real estate on dstrasser.griffithrealty.com today.