4830 Grayton Detroit, MI 48224 MLS# 20240007921 Active
MLS# 20240007921
Active
  

$300,000
View On Website
 Property Type Multifamily
 Parcel # W21I073969S
 County Wayne
MLS Public Remarks  LARGE FIVE UNIT MULTI-FAMILY INVESTMENT PROPERTY! LOCATED IN DESIRABLE EAST ENGLISH VILLAGE, SOUTH OF E. WARREN AND WEST OF CADIUEX. UPDATES INCLUDE A NEW BOILER IN 2023, AND SELLER HAS DONE SOME RENOVATIONS IN FOUR OF THE UNITS. THIS PROPERTY FEATURES FIVE 1 BEDROOM UNITS. EACH UNIT HAS ONE BEDROOM, BATHROOM, HARDWOOD FLOORS, FRIDGE AND STOVES INCLUDED. COIN OPERATED WASHER AND DRYER IN THE LAUNDRY FACILITY IN THE BASEMENT. FOUR OUT OF FIVE UNITS ARE CURRENTLY TENANTED. RENTS FOR EACH UNIT ARE AS FOLLOWS- APT #1S- $952 SECTION 8 TENANT, APT #1N- $750 SECTION 8 TENANT, APT #2N- VACANT UNIT, APT #2S- $848 SECTION 8 TENANT, AND APT #B AT $550 CASH TENANT. TENANTS PAY ELECTRIC AND COOKING GAS FOR EACH UNIT. OWNER IS RESPONSIBLE FOR GAS FOR HEAT AND WATER. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED WITH THE BUYER'S AGENT. BUYER TO PAY A $295 PROCESSING FEE AT CLOSING. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT.
http://www.www.johnstoneandjohnstone.com.com/20240007921
AGENT/COMPANY DETAILS  
Customer Care
Phone: 248-304-6700
[email protected]
www.www.johnstoneandjohnstone.com.com/20240007921
Customer Care
LOCATION  
  • Township  Detroit
  • Directions  Just South Of E. Warren Avenue, Two Blocks West Of Cadiux Road
  • HOUSE DESCRIPTION  
  • Fin Below Grd SqFt  0
  • Total Fin SqFt  2,922
  • Price/SqFt  $103
  • Unfinished SqFt  0
  • Above Grade Finished SqFt  2,922
  • CDOM  91
  • Sub Property Type  Multifamily
  • Year Built  1931
  • Days on Market  161
  • ASSESSMENT/SCHOOLS   
  • Land Assessment  -
  • Improvements  $374000
  • Net Taxes  $7717
  • Acreage  0.16
  • Taxes  -
  • Tax Year  -
  • Summer Taxes  $6937
  • School District  Detroit
  • Winter Taxes  $780
  • LOT DESCRIPTION  
  • Lower Level Square Footage  0
  • Waterview  N
  • Number of Units  5
  • Waterfront  N
  • For Lease/Rent  N
  • Est. Total Acres  0.16
  • Lot Dimensions  41 X 168
  • WaterFrontage   0
  • INTERIOR FEATURES  
  • Heating  Hot Water, Natural Gas, Radiant
  • Water  Public (Municipal)
  • Basement  Y
  • Heating  Hot Water, Natural Gas, Radiant
  • EXTERIOR FEATURES  
  • Garage  0.0
  • Architecture  2 Story
  • Basement details  Unfinished
  • Sewer  Public Sewer (Sewer-Sanitary)
  • Home Style  Colonial
  • Possession  Subject To Tena
  • Exterior Materials  Brick
  • DETAILS  
  • Status Change Date  02/08/2024
  • Listing Date  02/08/2024
  • Internet/IDX  Y
  • Named Exceptions  Y
  • LISTING OFFICE DETAILS  
  • Listing Office   Detroit Investment Company
  • Office Address   13407 Farmington Road Ste 207
  • Listing Number   20240007921



  • THE ACCURACY OF ALL INFORMATION, REGARDLESS OF SOURCE, IS NOT GUARANTEED OR WARRANTED. ALL INFORMATION SHOULD BE INDEPENDENTLY VERIFIED. Listings last updated: Monday, May 13, 2024. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale on this web site appears in part from the IDX programs of our Multiple Listing Service. Real Estate listings held by brokerage firms other than Real Estate One include the name and address of the listing broker where available.
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