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14551 METTETAL Street Detroit, MI 48227 1851
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Key Details
Sold Price $68,800
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,450 sqft
Price per Sqft $28
Subdivision Mi
MLS Listing ID 21664186
Sold Date 01/08/20
Style 2 Story
Full Baths 2
Year Built 1927
Annual Tax Amount $1,729
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 40.00X106.30
Property Sub-Type Multi-Family
Property Description
This is a GREAT INVESTMENT OPPORTUNITY!!! Its hard to find 2-family with 3-bedrooms per unit and 1 bath! This super large brick multifamily in the GRANDMONT SUB! The seller has owned this property for approx 15 years and is unloading his properties for AWESOME PRICES! Property has upside potential and both units have been rented for 5 years plus to same tenants(upstairs tenant has been there since 2011) This home can collect up to $800 to $1,000 per unit monthly (Section #8) and market rent for a 3-bedroom is apprx $800 to $1,000 based on location. It is in a growing neighborhood that borders "Rosedale Park" and as the values rise in Rosedale Park, the values grow in the "Grandmont Sub". The homes on the street are at 100% occupancy on the block. So don't miss this deal. PROPERTY BEING SOLD 'AS-IS'. BATVAI
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family
Rooms
Basement Block
Interior
Heating Forced Air
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Conventional
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