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14551 METTETAL Street

$ 74,900


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

Address: 14551 METTETAL ST
Zip: 48227
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Property Id : 26380
Price: $ 74,900
Bedrooms: 2
Bathrooms: 2
Building size: 0.10 acres
Available Space: 2450 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Architecture Style: Colonial
Assessment: 0
Basement Type: Unfinished
Baths Full: 2
Baths Half: 0
CDOM: 50
Construction Materials: Brick
County Or Parish: Wayne
Directions: Grand River to Mettetal, take Mettetal south to 14551 Mettetal (between Grand River & Schoolcraft rd)
Directions From EastWest: E
Directions From EastWest Detail: Southfield Rd/Frwy
Directions From NorthSouth: S
Directions From NorthSouth Detail: Grand River
DOM: 50
Exterior Features: Fenced
Foundation Details: Basement
Foundation Materials: Block
Frontage Feet: 40
Gross Scheduled Income: 16560.00
Heating: Forced Air
Heating Fuel: Natural Gas
Income Projection: Actual
Last Change Type: Price Decrease
List Office Name: Babi Realty LLC
List Price By Acre: 749000.0000
Lock Box Type: Appointment
Living Area Source: Public Records
Lot Size Dimensions: 40.00X106.30
MLS: Realcomp II Ltd
MLS Area Major: Det - Schcraft-6 Grnfld-Limits
MLS Area Major Number: 05033
MLS Number: 219099910
MF Parking: Garages
Monthly Rental Income: 1380
Number Of Units Leased: 2
Annual Net Income: 13857.35
Number Of Units Total: 2
Original List Price: 79900.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: W22I060525S
Postal City: Detroit
Postal Code Plus 4: 1851
Property Type: Multifamily
Protection Period: 30
Pets Allowed: No
Porch Type: Porch - Covered
Rent Includes: Water/Sewer
Road Frontage Type: Paved
Room Count: 0
School District: Detroit
Settlement: City
Sewer: Sewer-Sanitary
Short Sale: No
State Equalized Value: 24500.0000
Street Name: METTETAL
Street Number: 14551
Street Suffix: Street
Sqft Combined: 2550
Sqft Lower Floor: 100
Sqft Total Bsmt: 1225
Table: Multi Family
Tax Amount Summer: 1577.0000
Tax Amount Winter: 152.0000
Tax Legal Description: W METTETAL 97 B E TAYLORS SUNSET GLEN SUB L40 P52 PLATS, W C R 22/25 40 X 106.25
Title: Private - Owned
Total Tax: 1729.0000
Unit Count: 2
Unit Efficiency Number Of: 0
Unit Four Bed Number Of: 0
Unit Loft Number Of: 0
Unit One Bed Number Of: 0
Unit Three Bed Number Of: 2
Unit Two Bed Number Of: 0
Water Heater Fuel: Electric
Water Source: Municipal Water
Year Built: 1927
Zoning: Multi-Family
Customer Comment: Yes
Encroachment: No
Exclusions: No
Existing Lease: Yes
Land Contract: No
Publish Sale Price: Yes
Waterfront: No
Zone Conform: Yes
Basement: Yes
Down Payment Resource: No
Percent Homestead Exempt: No
Pool: No
IDX provided courtesy of Realcomp II Ltd., via Babi Realty LLC and Realcomp, © 2022 Realcomp II Ltd. Shareholders.

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