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4890 Grayton Street, Detroit City, MI 48224
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$70,000
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Home Details for 4890 Grayton Street
Price
$70,000
Type
Single Family
Bedrooms
3
Total Bathrooms
1
Full Bathrooms
1
Year Build
1951
Sq. Ft.
951
Lot Size
0.17
County
Wayne
Total Rooms
5
Garage
2
Basement
Unfinished
Tax
$3,973
MLS®️ Listing#
20251038878
On exitrealty.com
115 days
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.
- 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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$70,000
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