12890 Sussex Street, Detroit, MI 48227
12890 Sussex Street, Detroit, MI 48227
12890 Sussex Street, Detroit, MI 48227
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Alec Applebaum

Alec Applebaum

+1(248) 866-8784
$170,000
Est. payment /mo
3 Baths
3,484 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 20261002902

Year Built 1928

Annual Tax Amount $1,028

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 34 x 101

Source Realcomp

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

Zoning Residential

Direction I-96 to Greenfield to Tyler to Sussex

Interior

Heating Baseboard, Forced Air

Cooling Central Air, Wall Unit(s)

Exterior

View Y/N No

Roof Type Composition

Building

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W22I046089S

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

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Listed by Sine & Monaghan LLC

Nearby School & Business

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Alec Applebaum

Alec Applebaum

+1(248) 866-8784

Broker License ID: 6502389085

Broker License ID: 6502389085

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Name

Phone*

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