Invest in this multi-family and allow the rent payments help pay your mortgage while growing your income. Single family home is currently vacant and freshly painted. The duplex lower unit rents for $575 plus utilities, and the upper unit is $535 includes utilities. 2023 City of Escanaba expenses for the upper unit are$1143.68andDTE $649.17.Current tenants in the duplex are month to month. All units have been updated to 100 amp breakers. The duplex lower unit is a 3 bedroom and has access to the basement and garage. The upper unit is a 3 bedroom with private access. The single family home has 2 main floor bedrooms and 2 smaller upper bedrooms with full basement.
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The average household income in
Escanaba, MI
grew
from
$30,458
to
$33,230
in the past year. This data is an estimate based upon
5,743
households in
Escanaba, MI. The chart below presents how household income is distributed in
Escanaba, 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
Escanaba, MI
compared to median property taxes around the country. The prevalent amount of property taxes in
Escanaba, MI
equals
$800-$1,500
, which is
less
than the national average.