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$129,900
Est. payment /mo
4,356 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Subdivision George E Cicottes Everbloom Sub
MLS Listing ID 81026042301
Year Built 1929
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type MultiFamily
Property Description
INVESTMENT OPPORTUNITY - FULLY LEASED DUPLEX - $129,900 Discover immediate income potential at 3918 High Street in Ecorse. This FULLY occupied duplex features TWO spacious THREE-BEDROOM units, currently generating approximately $1,500 and $1,200 per month. Long-term tenants with consistent payment histories provide stable cash flow and minimal turnover. Additional features include a separate basement and individually metered utilities. With an estimated 19% cap rate, this income-producing property presents an excellent opportunity to expand your investment portfolio. Conveniently located near local shopping, dining, major roadways, and other Ecorse amenities. Please do not disturb the tenants. Buyer and buyer's agent to verify all information, rental income, expenses, and financial projections.
Location
State MI
County Wayne
Area Area05145Ecorse
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Cooling Window Unit(s)
Fireplace No
Laundry InBasement
Exterior
Parking Features Concrete, Paved
Utilities Available ElectricityConnected, NaturalGasConnected, SewerConnected
View Y/N No
Roof Type Other
Building
Sewer Public Sewer, Sewer At Street
Water Public
New Construction No
Schools
School District Ecorse
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by Jeffrey Brikho of Brikho Properties
NEARBY SCHOOLS & PROPERTIES
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