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About This Home
This 6-bedroom, 0-bathroom residential multi family at 3918 High Street in Ecorse, MI is listed for $235,000. Built in 1929, on a 0.10 acres lot.
INVESTMENT PORTFOLIO SALE - TWO FULLY LEASED DUPLEXES - SOLD AS ONE PACKAGE FOR $235,000........This rare opportunity includes 37 W Woodward Ave and 3918 High St, both located in Ecorse and fully occupied with strong performing tenants delivering immediate cash flow.
The portfolio consists of four total rental units with a combined monthly rental income of approximately $4,763 and annual gross income of approximately $58,304. Current net operating income is approximately $43,381, providing an exceptional cap rate for investors seeking stabilized returns with upside potential.......37 W Woodward features two 2-bedroom units generating $900 and $1,000 per month.
3918 High St features two 3-bedroom units generating approximately $1,500 and $1,363 per month. Both properties include separate basements, individual utilities, and strong tenant occupancy with consistent payment history........ Properties are being sold together as a package only. PACKAGE SALE - This listing is part of a two-property portfolio including: ( 37 W Woodward Ave Ecorse MI 48229.... PROPERTY ID: 34-006-06-0008-002) ....( 3918 High St. Ecorse, MI 48229. ....PROPERTY ID:34005040015000
Key Features
- Built in 1929
- 0.10 acre lot
- 8 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$1,257/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3918 High Street
Ecorse, MI 48229
George E Cicottes Everbloom Sub
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 6-bedroom, 0-bathroom residential multi family at 3918 High Street is listed at $235,000. The estimated monthly payment is $1,018 based on 20% down at 6.5% interest.
Key features include: Built in 1929, 0.10 acre lot, 8 parking spaces.
This property is listed by Jeffrey Brikho and can be reached at 2482374742 or info@brikhoproperties.com.
