14828 Sussex StreetDetroit, MI 48227
$180,000
Listing courtesy of Howard Homes 4 You LLC
5
Beds
4
Baths
2,674
Sqft
About
This Home
INVESTMENT OPPORTUNITY IN DETROIT! This well-maintained Triplex offers 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.
Details
- Property Type
- Residential Income
- Style
- Multi Family
- Year Built
- 1929
- Lot Size
- 0.1 acres
- Garage Spaces
- 0
- Heating
- Electric, Forced Air
- Cooling
- None
- Basement
- Unfinished
- Annual Taxes
- $5,240
- MLS #
- 20261067340
About Detroit
Michigan's largest city, with a revitalized downtown and riverfront, the Midtown cultural district and historic neighborhoods like Indian Village and Boston-Edison. Home styles range from grand early-1900s homes to lofts and new construction.
Gallery
Listing courtesy of Howard Homes 4 You LLC. MLS # 20261067340. Information is deemed reliable but not guaranteed and should be independently verified.
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