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About the Listing 432795 - 460851
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.
Listing Highlights
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full / 1 Half
- Appliances:
- Air Cond:
- Heating: Forced Air,Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2674
- Below Ground Sq Ft: 1341
- Basement: Unfinished
- Other: 3 Story,Forced Air
- Water: Public (Municipal)
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 34X132
- Zoning: Residential
- Roof:
- Others: Brick,Paved
- Sewer: Sewer (Sewer-Sanitary)
Financial Details
- Tax Amount: $5,240
- Taxes w/Assessments: N/A
- Tax/Property ID: W22I046191S
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
14828 Sussex St Detroit, MI 48227
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