14828 Sussex St, Detroit, MI 48227
- $185,000
- 4
- BA
- 2,674
- SqFt
- List Price
- $185,000
- MLS#
- 20261067340
- Status
- ACTIVE
- Bathrooms
- 4
- Half-baths
- 1
- 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 $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.
Additional Information
- Year Built
- 1929
- Basement Type
- Unfinished
- Acres
- 0.10
- Style
- Triplex
- Acres
- 0.10
- School District
- Detroit
- Heating
- Electric, Forced Air
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Courtesy of Howard Homes 4 You LLC 8108203389