14828 Sussex Street
Property 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 $775, $745, and $1,100, for a total monthly rental income of $2,620 ($31,440 annually). After current leases expire the rental rates can be raised to the current market rate which are $750-$1000 for 1b1b and $995-$1300 for 3b1b. Opportunity for an investor looking for an income-producing Detroit property with established tenancy and additional potential for future rental growth.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $180,000 |
| No. of Units: | 3 |
| Year Built: | 1929 |
| Lot Size: | 2,674.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $60,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 5 |
| Number of Bathrooms: | 4 |
ID: 3yd-REALCOMPMI-20261067340
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