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+15868545396
Community Choice Realty
14828 Sussex Street, Detroit, MI 48227 2605
- $180,000
- 4
- BA
- 2,674
- SqFt
- List Price
- $180,000
- Status
- ACTIVE
- MLS#
- 61023757
- Days on Market
- 55
- Year Built
- 1929
- Price Change
- ▼ $5,000 1790623169
- Bathrooms
- 3
- Half baths
- 1
- Acres
- 0.10
- Living Area
- 2,674
- Municipality
- Detroit
- Region
- Detroit
- Township
- Detroit
- Subdivision
- Avon Park Sub
Property Description
INVESTMENT OPPORTUNITY IN DETROIT! This well-maintained Triplex offers strong rental income with long-term tenants already in place. The property features two 1-bedroom units upstairs and a fully renovated 3-bedroom unit downstairs. Current rents are $775, $745, and $1,100, for a total monthly rental income of $2,620 ($31,440 annually). After current leases expire the rental rates can be raised to the current market rate which are $750-$1000 for 1b1b and $995-$1300 for 3b1b. Opportunity for an investor looking for an income-producing Detroit property with established tenancy and additional potential for future rental growth.
Additional Information
- Lot Dimensions
- 34 x 132
- Heating
- Electric, Forced Air
- Foundation
- Basement
- Water
- Public
- School District
- Detroit City School District
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Listing Courtesy of Howard Homes 4 You LLC, Office Phone: 810-820-3389
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.