11653 SUSSEX Street, Detroit, MI 48227

$83,900 Asking Price

3 beds
1 bath
1,394  sqft
Built in 1940

**SKI HIGH ROI**10 PERCENT CAP RATE- TURNKEY-SECTION 8 PERFORMING RENTAL**Located on a terrific well kept block on Detroit's westside is where you will find this all brick 3 bed bungalow . Updated and full section 8 certified. Rented to a tenant with a FULL Section 8 voucher paying $975 per month. Just sit back and collect the rent. Home futures include a living room fireplace, natural hardwood flooring, full basement. Exterior is all brick with a private fenced yard and detached garage. This performing property is close to schools, shopping and dinning. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!


Features & Amenities

Interior

Basement:
Partially Finished
Heating:
Forced Air, Natural Gas

Exterior

General:
Fenced
Style:
Bungalow

Construction

Roofing:
Asphalt
General:
Brick, 1 1/2 Story, Basement

Location

Road/Access:
Paved
School District:
Detroit
County:
Wayne

Lot

Zoning:
W SUSSEX 258 BROADMOOR SUB L41 P48 PLATS, W C R 22/578 40 X 108, W22I046934S
Fencing:
Back Yard,Fenced

Utilities

Water:
Public
Sewer:
Sewer-sanitary

This listing courtesy of:
U.S. Investor Group, Sam Berri

About Detroit, MI

Housing

Number of Units
292,561
Median Home Value
$70,234
Median Rent
$679

53.65% of housing units are renter occupied.

18.25% are vacant.

Commute

Car
71.17%
Public Transportation
5.99%
Walk to Work
3.15%
Work from Home
17.73%
Other
1.42%

The median travel time to work is 23 minutes.

People

Population
593,210
Median Age
36.40
Median Household Size
2.38

Education

High School
33.32%
Associate’s Degree
7.33%
Bachelor’s Degree
9.43%
Graduate Degree
6.96%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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