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About the Listing 365458 - 411537
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.
Listing Highlights
Interior Details
- Bedrooms: 4
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Ceiling Fan(s),Central Air,Wall Unit(s)
- Heating: Baseboard,Forced Air,Electric,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1722
- Below Ground Sq Ft: 984
- Basement: Unfinished
- Other: 2 Story,Baseboard,Forced Air
- Water: Public (Municipal)
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 34 x 101
- Zoning: Residential
- Roof: Asphalt,Composition
- Others: Chimney Cap(s),Lighting,Fenced,Brick,Paved
- Sewer: Sewer (Sewer-Sanitary)
- Parking Features: On Street,Unassigned
Financial Details
- Tax Amount: $1,028
- Taxes w/Assessments: N/A
- Tax/Property ID: W22I046089S
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Questions About..
12890 Sussex St Detroit, MI 48227
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