MI
Wayne
Detroit City
48227
12890 Sussex Street
12890 Sussex Street, Detroit City, MI 48227
Share Listing
Listing Type
Multi Family
Listing Status
Active Under Contract
15
$190,000

Home Details for 12890 Sussex Street

Price
$190,000
Type
Residential Income
Bedrooms
3
Bathrooms
3.0
Square feet
1722
Year built
1928
Lot size acres
0.08
County
Wayne
Garage
Basement
Full, Unfinished
Days on site
33
MLS Listing#
20261002902
Property 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. The rehabbed 2-bedroom was previously rented for $1,322/month, and the rehabbed studio previously rented for $900/month, creating projected gross rents of approx. $3,400/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.

Property Features
  • Heating Information
    • Baseboard
    • Electric
    • Forced Air
    • Natural Gas
  • Parking
    • On Street
    • Shared Driveway
    • Unassigned
    • Assigned
  • Cooling Information
    • Ceiling Fan(s)
    • Central Air
    • Wall Unit(s)
  • Basement
    • Full
    • Unfinished
  • Water Features
    • Public
Listing Courtesy: Sine & Monaghan LLC - 313-884-7000
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Market statistics compiled from data from Michigan Regional Information Center.
EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
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