Sale
OVERVIEW

16575 Sussex - SOLD

National Real Estate Management Group is excited to announce your next investment opportunity. Located in the Winship Neighborhood of Detroit, this colonial style home features three bedrooms and two full bathrooms. This property consists of large windows in the living room allowing lots of sunlight indoors, spacious sized bedrooms and a generous unfinished basement area. There is a spacious backyard which can be accessed from the driveway and a beautiful lawn towards the front of the house. Currently occupied with a tenant with a rental rate of $1,000 a month, this residence makes a great rental investment. This home is located only 10 minutes away from the University of Detroit Mercy and an 18 minute drive from downtown Detroit. The bus stop is a quick 5 minute walk and there are multiple restaurants, parks and public schools within the area. Don’t miss out on this opportunity!

At National Real Estate Management Group, our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication. Choose National Real Estate Management Group for a worry-free investment experience.

16575 Sussex St

Detroit, MI 48235

eCode:
County:
Wayne
Property Type:
Single Family
Residential
Investment
Total Building SF:
1,325 SF
Lot Size:
4,792 SF
Year Built:
1941
Beds:
3+
Bathrooms:
1+
Renovated:
Zoning:
Sales Price:
$110,000
Sales Price Per SF:
$83
Monthly Rent:
$1,000
Taxes:
$1,150
Expenses:
$3,550
ROI:
7.68%
Rental Rate:
Additional Information:
  • Neighborhood: Winship
  • Westside of Detroit, MI
  • Brick, Colonial, with driveway for parking
  • Situated on large lot
  • Tenant occupied
  • Sold via Warranty deed
  • Pleasant 3 bedroom 1 bath
  • Unfinished basement
  • Perfect for investors
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