MI
Wayne
Detroit City
48224
4890 Grayton Street
4890 Grayton Street, Detroit City, MI 48224
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Listing Type
Single Family
Listing Status
Active
28
$70,000

Home Details for 4890 Grayton Street

Price
$70,000
Type
Residential
Bedrooms
3
Bathrooms
1.0
Square feet
951
Year built
1951
Lot size acres
0.17
County
Wayne
Total rooms
5
Garage
2
Basement
Unfinished
Days on site
74
MLS Listing#
20251038878
Property Description

This 3-bed, 1-bath property, located in East English Village, is government-owned and included in the Detroit Land Bank Authority (DLBA) program. The DLBA recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. How to Apply: Interested buyers must submit a proposal that includes: 1. Project Proposal (intended use of structure + timeline) 2. Proof of Funds (bank statement or lender letter) 3. Scope of Work (breakdown of renovation costs) 4. Proof of Previous Projects: (include addresses and photos) Important Note: Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing.

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • None
  • Water Features
    • Other
  • Parking
    • Detached
  • Basement
    • Unfinished
Listing Courtesy: Keller Williams Realty-Great Lakes - 586-541-4000
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EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
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