37 Woodward Avenue, Ecorse City, Michigan 48229
$235,000
Property Details
- MLS#: 81026015372
- Bedrooms: N/A
- Bathrooms: N/A
- Square Feet: N/A
- Lot Size: 0.12 acres
- Year Built: 1929
- Property Type: ResidentialIncome
- Status: Active
Description
INVESTMENT PORTFOLIO SALE - TWO FULLY LEASED DUPLEXES - PACKAGE PRICE $235,000.Includes 37 W Woodward Ave and 3918 High St in Ecorse, both fully occupied with strong tenants and immediate cash flow. Portfolio totals four rental units with a combined monthly income of approximately $4,763 and annual gross income of approximately $58,304. Current NOI is approximately $43,381, offering an exceptional cap rate with upside potential.37 W Woodward features two 2-bedroom units renting for $900 and $1,000 per month. 3918 High St features two 3-bedroom units renting for approximately $1,500 and $1,363 per month. Both properties include separate basements, individual utilities, and consistent tenant payment history.Properties must be sold together; the seller will not separate them. Financials, rent roll, and supporting documentation are available after NDA execution. Showings only after an accepted Letter Of Intent (LOI)-. DO NOT DISTURB TENANTS.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
Location
This property is located in Ecorse City, Michigan. Ecorse City is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.
Frequently Asked Questions
What is the price of 37 Woodward Avenue?
37 Woodward Avenue is listed at $235,000.
How many bedrooms does 37 Woodward Avenue have?
This property has N/A bedrooms and 0 bathrooms.
Schedule a Showing
Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.
Phone: (313) 466-2430
Email: info@sonicrealty.com
Similar Homes for Sale in Ecorse City
Browse Ecorse City Real Estate