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Image 1 - 14669 Mettetal Street, Detroit, MI 48227, USA - House for sale

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Home For Sale In Detroit, Michigan

14669 Mettetal Street, Detroit, MI 48227, USA

Home For Sale In Detroit, Michigan

house for sale

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Listed: 03/25/24

14669 Mettetal Street, Detroit, MI 48227, USA

6 Bed:

2 Bath:

2,660 Sq Ft Living Area:

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Price

$ 139,900

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About This House

Investors Add this cash-flowing 2-unit multi-family located on the lovely Grandmont-Rosedale neighborhood to your rental portfolio today! The lower unit has a long-term tenant (5+ years) on a lease thru1/31/2026,paying $850/month until2/1/2025and then $875/month for the remainder of the lease term. The property features separate gas and electric meters, forced air heating, updated 100 amp electrical panels, a completely new PVC sewer line, vinyl windows, separate basements, PEX and PVC plumbing, and much more! The upper unit requires light cosmetics to get it into rental condition, but rents for similar units are going for as high as$1, 350/month for Sec. 8 tenants. This property is located in the Northwest/Grand River Strategic Neighborhood Fund area, which has see multiple streetscapes revamped and improved, hundreds of homes rehabbed and brought back to productive use, and inflow of new homeowners, and millions in public and private investment with more to come!

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Schoolcraft Southfield 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.

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