$70,000 for Sale
4890 grayton, detroit, MI 48224
| Beds 3 | Baths 1 | 951 Sqft | 0.17 Acres |
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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.
General Information
Sale Price: $70,000
Price/SqFt: $74
Status: Active
MLS#: 60940254
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: arthur j scullys vogt farm sub
Acres: 0.17
Lot Dimensions: 44X168.46
Bedrooms:3
Bathrooms:1 (1 full, 0 half)
House Size: 951 sq.ft.
Acreage: 0.17 est.
Year Built: 1951
Property Type: Single Family
Style: Ranch
Features & Room Sizes
Bedroom 1: 10x10
Bedroom 2 : 10x10
Bedroom 3: 12x13
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen: 12x9
Livingroom: 12x10
Pole Buildings:
Paved Road: Paved Street
Garage: 2
Garage Description: Detached Garage
Exterior: Brick
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Watersource: Other-See Remarks
Tax, Fees & Legal
Est. Summer Taxes: $3,973
Est. Winter Taxes: $0
HOA fees:

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Listing By: Erick Monzo of Keller Williams Realty-Great Lakes, Phone: 586-541-4000