3918 High Street, Ecorse City, Michigan 48229
$235,000
Property Details
- MLS#: 81026015371
- Bedrooms: N/A
- Bathrooms: N/A
- Square Feet: N/A
- Lot Size: 0.1 acres
- Year Built: 1929
- Property Type: ResidentialIncome
- Status: Active
Description
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
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 3918 High Street?
3918 High Street is listed at $235,000.
How many bedrooms does 3918 High Street 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
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