$110,000
For Sale

5541 Grayton Street

Detroit, MI 48224
1302 sqft | 3 beds | 2 baths | 0.13 acres | #24046256
Type:Purchase
Structure:House
Zone:Residential

Description

**Turnkey 4-Bedroom Rental in East English Village, Detroit**
Investors, don't miss this prime opportunity in Detroit's desirable East English Village! This 4-bedroom, 1-bathroom turnkey rental property is already income-producing, with a long-term tenant of 12 years in place, paying $1,100 per month. Professionally managed by a reliable property management company, this property offers hassle-free ownership and consistent cash flow.
Located on the east side of Detroit, East English Village is known for its strong community vibe and well-maintained homes. Whether you're looking to expand your portfolio or secure your first rental property, this gem provides stability and peace of mind.

  • Property Details
      • Utility FeaturesNatural Gas Available, Natural Gas Connected, Public Sewer
      • SubdivisionEastern Heights Land Companys Sub 1
      • Property SubtypeSingle Family Residence
      • BasementCrawl Space, Full
      • Sewer InformationPublic Sewer
      • Property TypePurchase
      • StyleColonial
      • Original List Price$110,000
      • MLS #24046256
      • MLS #24046256
      • School DistrictDetroit
      • Cost110000
      • CountyWayne
      • Acres0.13
      • Square Feet1302
      • Year Built1930
      • Days on Market (Cumulative)71
      • Bedrooms3
      • Bathrooms2
      • Full Baths2
      • Parking Spaces1

Location

Suzanne Sloan | Five Star Real EstateReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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