14828, Sussex, Detroit, Michigan, 48227

  • $185,000

14828, Sussex, Detroit, Michigan, 48227

  • $185,000

Overview

  • Multi Family
  • Type
  • 3.5
  • Bathrooms
  • 0
  • Garage
  • 2674
  • Area Size

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.

Nearby School

  • High School District Detroit

Contact Information

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Sunil Paingol

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