12890 Sussex Street, Detroit, Michigan 48227

$170,000

Property Details

MLS#: 20261002902
Bedrooms: N/A
Bathrooms: 3
Square Feet: 1,722
Price per Sqft: $99
Lot Size: 0.08 acres
Year Built: 1928
Property Type: ResidentialIncome
Status: Active
Days on Market: 123

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.

Location

This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 12890 Sussex Street?

12890 Sussex Street is listed at $170,000, or $99 per square foot.

How many bedrooms does 12890 Sussex Street have?

This property has N/A bedrooms and 3 bathrooms, with 1,722 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com

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