Great investment opportunity in Ecorse! This 3-unit property offers excellent potential for both investors and owner-occupants looking to house hack. Two of the three units are currently occupied, providing immediate rental income, including one long-term tenant who has occupied their unit for over 10 years. The third unit is vacant, offering flexibility for an owner-occupant or the opportunity to secure an additional tenant. Whether you're looking to expand your rental portfolio or offset your housing expenses with rental income, this multi-unit property offers versatility and income potential. Schedule your showing and explore the possibilities!
Courtesy: eXp Realty Best Life and Company
Brandon Johnson
248-376-9895
Great investment opportunity in Ecorse! This 3-unit property offers excellent potential for both investors and owner-occupants looking to house hack. Two of the three units are currently occupied, providing immediate rental income, including one long-term tenant who has occupied their unit for over 10 years. The third unit is vacant, offering flexibility for an owner-occupant or the opportunity to secure an additional tenant. Whether you’re looking to expand your rental portfolio or offset your housing expenses with rental income, this multi-unit property offers versatility and income potential. Schedule your showing and explore the possibilities!
Courtesy: RE/MAX Team 2000
Bilal Hamie
313-632-0333
EXCELLENT INVESTMENT OPPORTUNITY! WELL-MAINTAINED 8-UNIT MULTIFAMILY PROPERTY CONSISTING OF TWO ADJACENT BUILDINGS AT 35 KNOX #1-7 & 39 KNOX #3 IN ECORSE. FEATURES A DESIRABLE MIX OF STUDIOS AND ONE-BEDROOM UNITS WITH INDIVIDUALLY METERED UTILITIES. SEVERAL UNITS HAVE BEEN UPDATED, OFFERING STRONG RENTAL APPEAL AND STEADY CASH FLOW. PROPERTY INCLUDES AMPLE PARKING, A LARGE SHARED YARD, AND CONVENIENT ACCESS TO MAJOR FREEWAYS, SHOPPING, AND PUBLIC TRANSPORTATION. GREAT OPPORTUNITY FOR INVESTORS SEEKING A TURN-KEY, INCOME-PRODUCING ASSET. CONTACT LISTING AGENT FOR RENT ROLL, FINANCIALS, AND ADDITIONAL INFORMATION.
Great investment opportunity! This multi-family property features a tenant-occupied lower unit currently rented through Section 8 for $895 per month, providing immediate rental income. The upper unit offers additional income potential for investors or an opportunity for an owner-occupant to live in one unit while renting the other. Property also includes a detached garage that may provide additional rental income. Conveniently located near major roads, shopping, and dining with easy access to surrounding Downriver communities and Detroit. A solid addition to any investor's portfolio with strong cash-flow potential.
Ecorse is located in Michigan. Ecorse, Michigan has a population of 9,328. Ecorse is less family-centric than the surrounding county with 19.73% of the households containing married families with children. The county average for households married with children is 25.56%.
The median household income in Ecorse, Michigan is $36,912. The median household income for the surrounding county is $52,830 compared to the national median of $69,021. The median age of people living in Ecorse is 35.9 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 18.4 degrees. The average rainfall is approximately 34.4 inches per year, with 34.3 inches of snow per year.
