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About the Listing 102684 - 673809
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. The rehabbed 2-bedroom was previously rented for $1,322/month, and the rehabbed studio previously rented for $900/month, creating projected gross rents of approx. $3,400/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
Status
Active
Days on Site
11
Property Type
Multi-Family
MLS ®
60965168
Year Built
1928
Total Square Footage
1,722
Lot/Acreage
0.08
County
Wayne
Neighborhood
Strathmoor Sub 2
Area
Detroit (82001)
School District
Detroit City School District
Interior Details
- Bedrooms: 0
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Ceiling Fan(s),Central A/C,Wall/Window A/C
- Heating: Baseboard,Electric Heat,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1722
- Below Ground Sq Ft: n/a
- Basement: Block
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 34 x 101
- Zoning: Residential
- Roof:
- Others: Fenced Yard,Porch
- Sewer:
- Parking Features: On Street
Financial Details
- Tax Amount: $1,028
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
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Questions About..
12890 Sussex Detroit, MI 48227
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