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.
Welcome Investors! Great Opportunity...Fully Updated 2 Unit Multi Family...(2Bedroom 1Bath each unit)...Freshy Painted...New Floors...Updated Fixtures & Finishes...Both Units are vacant for the next buyer to place their own tenants...This Will Not Last Long...Schedule Your Showing Today!
2 family home, each unit features living room, kitchen with dining area & full bathroom, each unit gets side yard to enjoy, both units are occupied with long term tenants on month to month leases, home is walking distance to Detroit River Front & Dingell Park, all data apx.
Prime investment opportunity just moments away from the vibrant Detroit Riverfront! This fully occupied 4 unit apartment building is not only a steady source of rental income but also brimming with potential for future growth. With space available to add two additional units or convert into a retail space, this property offers unparalleled flexibility for increasing your return on investment. Situated in a rapidly developing area with high demand, it�s an ideal choice for savvy investors looking to capitalize on the growth of one of Ecorse�s most sought after neighborhoods.
Welcome to the Investor's Dream Multi-Family Property! This charming 4-unit residence is a true gem that has been meticulously updated and maintained, making it an irresistible addition to your investment portfolio. With a host of recent upgrades, including new carpets, refreshed flooring, a fresh coat of paint, inside and out, and a brand-new roof, this property is a turnkey opportunity that promises both comfort and return on investment. One of the standout features of this property is its consistent compliance with the city's rigorous rental inspection standards. Year after year, this property has passed with flying colors, giving you peace of mind knowing that you're investing in a home that meets the highest quality and safety requirements. Not only does this property offer attractive interior updates, but it also comes with a versatile storage area that was previously a garage. Whether you choose to maintain it as a storage space or restore it to a fully functional garage, the original parts are readily available, providing you with the flexibility to adapt the space to your needs. "Sold As Is".
***FULLY RENTAL CERTIFIED AND C OF O WILL BE AVAILABLE AT CLOSING! GREAT INVESTMENT OPPORTUNITY FOR NEW OR SEASONED INVESTORS! ABOUT 10% CAP! TWO BUILDINGS ON ONE TAX ID. BOTH ROOFS APPROXIMATELY 10 YRS OLD, ALL WINDOWS ARE WALLSIDE 2019 W/THE EXCEPTION OF SOME THAT WERE REPLACED 10 YEARS AGO. FRONT BLDG HAS 4 UNITS: 3 RENOVATED STUDIOS (FLOORING, PAINT, PLUMBING WHERE NEEDED, ENTRY DOORS, BATHROOMS) AND A 2 BEDROOM APARTMENT WITH SITTING ROOM COMPLETELY RENOVATED (LAMINATE FLOORING, SOLID WOOD DOORS, CEILING FANS, CERAMIC BATHROOM/SHOWER W/ LAUNDRY IN UNIT) REAR BLDG HAS 3 UNITS (2-1 BEDROOM/1 STUDIO) RENOVATED (FLOORING.FRESH PAINT, NEW ENTRY DOORS, REMODELED BATHROOMS, NEW LIGHT FIXTURES, DIGITAL THERMOSTATS) *48 HOUR NOTICE FOR SHOWINGS* CONTACT LISTING AGENT FOR MORE INFORMATION! LISTING AGENT IS A MEMBER OF THE LLC LISTED AS THE OWNER.***
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.