14828 Sussex Street, Detroit, Michigan 48227
$180,000
Property Details
- MLS#: 20261067340
- Bedrooms: N/A
- Bathrooms: 3.5
- Square Feet: 2,674
- Price per Sqft: $67
- Lot Size: N/A
- Year Built: 1929
- Property Type: ResidentialIncome
- Transaction: For Sale
- Listing Status: Active
- Days on Market: 53
Tax and Assessment Information
Tax and assessment information is unavailable.
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.
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 14828 Sussex Street?
14828 Sussex Street is listed at $180,000, or $67 per square foot.
How many bedrooms does 14828 Sussex Street have?
This property has N/A bedrooms and 3.5 bathrooms, with 2,674 square feet of living space.
Ask about this property
Contact Sonic Realty to verify current availability or ask about this listing. A showing is only arranged after the listing team confirms it.
Phone: (313) 484-4696
Email: info@sonicrealty.com
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