14615 mettetal, detroit, MI 48227

**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 thru 1/31/2026, paying $850/month until 2/1/2025 and 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 & 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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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Ryan Kain of RE/MAX Leading Edge

This listing last updated: Thu, June 06, 2024 at 1:11:38 PM EDT

MIRealSource Listing Data Last Updated On Tuesday, July 30 2024 at 9:00pm