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4830 Grayton


Property Location
4830 Grayton
Detroit, MI 48224
United States


Price
$300,000.00
Listing Type
For Sale
Building Type
Multi-Family
Year Built
1931
MLS Number
20240007921
Bedrooms
5
Bathrooms
5 Full
Building Size
2922 SF
Lot Size
0.16 AC
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 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.
Features
Unfinished Basement
Tenant Occupied
Ratings
View Count 189
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