12890 Sussex Street, Detroit, MI 48227 2118
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12890 Sussex Street, Detroit, MI 48227 2118
12890 Sussex Street, Detroit, MI 48227 2118
12890 Sussex Street, Detroit, MI 48227 2118
12890 Sussex Street, Detroit, MI 48227 2118
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$ 170,000
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Contingent

12890 Sussex Street Detroit, MI 48227 2118

3 Baths

1,722 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Contingent

Purchase Type For Sale

Square Footage 1,722 sqft

Price per Sqft $98

Subdivision Mi

MLS Listing ID 60965168

Style 2 Story

Full Baths 3

Year Built 1928

Annual Tax Amount $1,028

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 34 x 101

Property Sub-Type Multi-Family

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 and 2-bedroom is recently tenanted through Sec 8 for $1,201/month. Both have been fully renovated prior to be occupied. The rehabbed studio previously rented for $900/month, creating projected gross rents of approx. $3,300/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.

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Residential

Rooms

Basement Block

Interior

Heating Baseboard, Electric Heat, Forced Air

Cooling Ceiling Fan(s), Central A/C, Wall/Window A/C

Fireplace No

Exterior

Exterior Feature Brick

Building

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Brick

Schools

School District Detroit City School District

Others

Ownership Private

Energy Description Electric,Natural Gas

Financing Cash,Conventional,FHA,VA


MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by Sine & Monaghan LLC
Nearby Locations
Jason Baker

Jason Baker

Broker License ID: BRKP.2013004472

+1(419) 349-3867

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12890 Sussex Street