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$425,000
Est. payment /mo
6 Baths
3,920 Sqft Lot
UPDATED:
12/11/2024 03:02 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Ecorse City
Subdivision Ecorse City
MLS Listing ID 20240091254
Originating Board Realcomp
Year Built 1925
Annual Tax Amount $2,008
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 50.00 x 78.70
Property Description
Package of 6 rentals in Ecorse! See second picture for addresses and financial info. All 6 homes are occupied by long term tenants. All the homes are 2 bedroom / 1 bath with a basement. Total current rent is $6,250 making this a great opportunity to scale up your rental portfolio with cash flow on day one. Plenty of room to increase rents too. Market rents should give you $7,000+ in monthly rental income and a 10%+ cap rate. Inquire for more info & pics. No showings without an accepted offer. PACKAGE SALE: 27 Ridge St, 30 Ridge St, 38 Ridge St, 38 Westfield St, 4241 6th St, 59 Glenwood St.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family
Direction West Jefferson to Westfield; East on Westfield.
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Sewer Public
Water Public
Structure Type Vinyl Siding
Schools
School District Ecorse
Others
Tax ID 34007140069000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Keller Williams Somerset