$140,000
$139,900
0.1%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
3,049 Sqft Lot
SOLD DATE : 09/17/2024
Key Details
Sold Price $140,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 81024039272
Sold Date 09/17/24
Bedrooms 2
Originating Board Greater Metropolitan Association of REALTORS®
Year Built 1929
Annual Tax Amount $5,177
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 98X32X29X98
Property Description
Outstanding Investment Opportunity in Ecorse, Michigan! This well-maintained two-unit multifamily duplex features a spacious three-bedroom upper unit and a cozy two-bedroom lower unit. With long-term, reliable tenants already in place, this property ensures stable income and minimal turnover. Boasting an impressive 12.5% return on investment cap rate, this is a prime chance to enhance your portfolio. Located in the vibrant city of Ecorse, this duplex combines profitability with peace of mind. Property is situated just a couple blocks west of Detroit-River. ..........................DO NOT DISTRUB TENANTS.
Location
State MI
County Wayne
Area Ecorse
Direction West of Jefferson Avenue, North of Southfield Rd.
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 4.0
Roof Type Other
Road Frontage Paved
Garage no
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal), Water at Street
Structure Type Block/Concrete/Masonry,Vinyl
Schools
School District Ecorse
Others
Pets Allowed Yes
Tax ID 34003020015000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Brikho Properties
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