14828 Sussex Street, Detroit, Michigan 48227
$185,000
Property Details
- MLS#: 20261067340
- Bedrooms: N/A
- Bathrooms: 3.5
- Square Feet: 2,674
- Price per Sqft: $69
- Lot Size: N/A
- Year Built: 1929
- Property Type: ResidentialIncome
- Status: Active
- Days on Market: 29
Tax and Assessment Information
Assessment evidence 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 $699, $750, and $1,100, for a total monthly rental income of $2,548 ($30,588 annually). After current leases expire the rental rates can be raised to the current market rate which are $750-$1000 for 1b1b and $1100-$1600 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 $185,000, or $69 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.
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) 484-4696
Email: [email protected]
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