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$130,000

Beds
3
Baths
1.5
sq ft
1,227

4154 Grayton St, Detroit, MI 48224

4154 Grayton St

Detroit, MI 48224

  • 14 days on market
Turnkey 2-Bedroom Brick Ranch in East English Village, DetroitDiscover this charming 2-bedroom brick Ranch home located in the desirable East English Village neighborhood of Detroit. This property is professionally managed by a reputable property management company, ensuring a hassle-free rental experience for tenants.Currently leased at $870 under Section 8, this property offers a fantastic opportunity for increased rental income potential, with the possibility of raising the rent to $1,350. Ideal for investors looking for a reliable addition to their portfolio, this turnkey rental is ready for new occupants with minimal effort and immediate cash flow.Don't miss out on this excellent investment opportunity in a community known for its beautiful homes

Details

Property type

Single Family Residence

Est. home value

$146,335

Lot size

9,148 sq ft

Price per sq ft

$106

Year built

1949

Annual property taxes

$4,214

Price History

09/06/2024
Realcomp

Realcomp #81024046857

Price change
$130,000
+18.18%
09/05/2024
Realcomp

Realcomp #81024046857

Listed
$110,000
+205.56%
04/06/2017
Realcomp

Realcomp #217004175

Sold
$36,000

Schools & Community

Neighborhood: 

East English Village

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Detroit

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Public Service Cu

Loan start date

March 2005

Original loan amount

$19,000

Est. remaining balance

Not provided

Interest rate

5.57%

Loan type

Credit Line (Revolving)

Seller

Lawrence J Johnson

Lender

Public Service Cu

Loan start date

March 2005

Original loan amount

$19,000

Est. remaining balance

Not provided

Interest rate

5.57%

Loan type

Credit Line (Revolving)

Seller

Lawrence J Johnson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/20/2024 at 6:40 AM

Listing updated: 09/13/2024 at 3:21 PM

Listed by: Kingsley Ifezue, Phone #: (586) 262-6757

MLS: Realcomp #81024046857

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