5
See all 5 photos
$319,900
Est. payment /mo
5 Baths
6,969 Sqft Lot
Active
4830 GRAYTON Detroit, MI 48224
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261016824
Year Built 1931
Annual Tax Amount $7,978
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 41 X 168
Source Realcomp
Property Description
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 THROUGH OUT THE BUILDING. 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. ALL FIVE UNITS ARE CURRENTLY TENANTED. RENTS FOR EACH UNIT ARE AS FOLLOWS- APT 1S- 700- TENANT IS MONTH TO MONTHAPT 1N- 700- TENANT IS MONTH TO MONTHAPT 2N- 725- TENANT IN A LEASE UNTIL 5/29/26 APT 2S- 925 SECTION 8 TENANT IN A LEASE UNTIL 1/31/27APT B AT 600 - TENANT IS IN A LEASE UNTIL 12/31/26. TENANTS PAY ELECTRIC AND COOKING GAS FOR EACH UNIT. OWNER IS RESPONSIBLE FOR GAS FOR HEAT, WATER, SEWER, SNOW REMOVAL AND LAWN MAINTENANCE. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. BUYER TO PAY A 295 PROCESSING FEE AT CLOSING.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family
Direction Just South Of E. Warren Avenue, Two Blocks West Of Cadiux Road
Interior
Heating Hot Water, Radiant
Exterior
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W21I073969S
Acceptable Financing Cash
Listing Terms Cash
Listed by Detroit Investment Company
NEARBY SCHOOL & BUSINESS
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