12890 Sussex Street, Detroit, MI 48227 2118
- $170,000
- 3
- BA
- 1,722
- SqFt
- List Price
- $170,000
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- 60965168
- Days on Market
- 249
- Style
- Colonial
- Year Built
- 1928
- Price Change
- ▼ $10,000 1778378577
- Bathrooms
- 3
- Acres
- 0.08
- Living Area
- 1,722
- Municipality
- Detroit
- Region
- Detroit
- Township
- Detroit
- Subdivision
- Strathmoor Sub 2
Property Description
Great opportunity to own a 3-unit multifamily in Detroit's Schoolcraft Southfield neighborhood. Property features a 2-bedroom main-floor unit, with the upper level divided into a 1-bedroom and a studio. The 1-bedroom is currently Section 8 occupied at $1,180/month and 2-bedroom is recently tenanted through Sec 8 for $1,201/month. Both have been fully renovated prior to be occupied. The rehabbed studio previously rented for $900/month, creating projected gross rents of approx. $3,300/month when fully leased. Includes separate gas and electric meters, improving expense control and cash flow. Strong option for investors or owner-occupants seeking income with upside in a solid rental area. Convenient access to major roads, shopping, and neighborhood amenities.
Additional Information
- Lot Dimensions
- 34 x 101
- Heating
- Baseboard, Electric, Forced Air
- Cooling
- Ceiling Fan(s), Central Air, Wall/Window Unit(s)
- Basement
- Yes
- Basement Description
- Block
- Appliances
- Gas Water Heater
- Foundation
- Basement
- Water
- Public
- School District
- Detroit City School District
Mortgage Calculator
Listing Courtesy of Sine & Monaghan LLC, Office Phone: 313-884-7000
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.