5310 Grayton Street, Detroit, MI 48224
MULTI_FAMILY - Victorian - Detroit, MI
Property Features for 5310 Grayton Street
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
The home is zoned R1 (Residential) and has forced-air heating with public water service. The property is described as needing full rehab, and buyers are required to submit a proposal that includes detailed rehab plans and a financing plan with proof of funds or a pre-approval letter for a new construction loan. BATVAI.
DLBA is entitled to a tax capture for the five tax years subsequent to transferring ownership. The tax capture may be incompatible with tax abatements 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, determined based on the development proforma and the effect of any tax abatement on purchase and development financing.
Key Highlights
- 0.14‑acre lot with approximately 1,564 SF Victorian duplex at 5310 Grayton Street
- Zoned R1 (Residential) in Detroit’s East English Village
- Brick construction built in 1930
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 48224, MI
Market
Vacancy Rate% for Multifamily in Midwest region