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Image 1 - 5103 Grandy St, Detroit, Michigan, 48211 - House for sale
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Home For Sale In Detroit, Michigan
5103 Grandy St, Detroit, Michigan, 48211

Home For Sale In Detroit, Michigan

house for sale
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Listed: 05/15/24

5103 Grandy St, Detroit, Michigan, 48211

2 Bed:
2 Bath:
2,332 Sq Ft Living Area:
Save
Price
$ 110,000

About This House

Commercial zoning- Storefront and living quarters. Multiple uses are possible. 1st floor was a retail establishment with a walk-in cooler which is being used for storage. Cooler motor has not been used in many years and is believed to be inoperable. Would make for a great neighborhood convenience store while living in and renting out the other units. Separate, private entrances to the units in the rear and front. Quiet neighborhood, up-and-coming poletown. Fenced backyard that could be used for parking, plenty of street parking available. Third-floor loft space in addition to the two 2 bedroom units, could be converted into another unit. Needs work. Bring your creativity and restore it back to its former glory. Seller requires proof of funds prior to any showings. As-is sale. Cash only sale BATVAI

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Forest Park Housing & Living

Household Income

Median household income: $31,283
Number of households: 266,333
The average household income in Detroit, MI grew from $30,344 to $31,283 in the past year. This data is an estimate based upon 266,333 households in Detroit, MI.
The chart below presents how household income is distributed in Detroit, MI in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Detroit, MI compared to median property taxes around the country. The prevalent amount of property taxes in Detroit, MI equals $800-$1,500 , which is less than the national average.