For sale
  • Price cut: $25K (5/21)
    $20,000

    5108 Grayton St, Detroit, MI 48224

    3beds
    1,392sqft
    : 
    Single Family Residence
    Built in 1930
    6,098.4 Square Feet Lot
    $-- Zestimate®
    $14/sqft
    $-- HOA

    What's special

    House located in Detroit's East English Village. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan with Proof Of Funds or Pre- Approval letter, or a new construction loan. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. See attached documents for offer submissions. BATVAI
    125 days
    on Zillow
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