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Image 1 - 11747 Sussex Street, Detroit, MI 48227, USA - House for sale
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Home For Sale In Detroit, Michigan
11747 Sussex Street, Detroit, MI 48227, USA

Home For Sale In Detroit, Michigan

house for sale
Listed: 02/11/24

11747 Sussex Street, Detroit, MI 48227, USA

3 Bed:
1 Bath:
1,394 Sq Ft Living Area:
Save
Price
$ 85,000
Price:  Lower

About This House

Attention investors- turnkey-section 8 performing rental high roi 10 percent cap rate 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!

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Parking
Hardwood Floors
Heating Fireplace
Roof Asphalt
Fuel Heating Natural Gas
Architecture Bungalow
Heating Forced Air
Fireplace

Detroit Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In April 2024, the asking price for 3 bed houses for sale in/near Detroit, United States averaged $106,291, a decrease of 18.1% from the previous month.
Median price trends for properties for sale in Detroit, United States as of April 2024.

Household Income

Median household income: $31,283
Number of households: 266,333
The average household income in Detroit, MI grew from $30,344 to $31,283 in the past year. This data is an estimate based upon 266,333 households in Detroit, MI.
The chart below presents how household income is distributed in Detroit, MI in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Detroit, MI compared to median property taxes around the country. The prevalent amount of property taxes in Detroit, MI equals $800-$1,500 , which is less than the national average.