Amazing investment opportunity fully leased out over 14% cap rate. Two buildings completely remodeled including new roofs in 2022. Start making money from day one. All units have separate water and separate electrical meters. Amazing long-term tenants who are Current and always pay on time.
Property Details
Property Features
Property Information:
Architectural Style: Triplex
Year Built: 1920
Stories: 2
Living Area: 2,400 SqFt
Listing Office:
Office Name: EXP Realty
Office Phone: (734) 322-3302
Listing Agent: Johnny M Gewarges
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 3
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot Size: 0.10 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
School Info
Assigned Schools Information:
Ecorse Community High School, Public District Grades 9-12
Grandport Academy, Public District Grades 4-8
Other
Directions Information:
Directions: W JEFFERSON TO W WOODWARD
Price Information
Listing Price Info
Price Summary:
List Price: $159,900
Price Per SqFt: $67/SqFt
Tax Information:
Annual Amount: $3,152
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Ecorse, MI.
This property is $87.6K more than the Median Sold Price and $5/SqFt less than other homes in Ecorse, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240023741
Listing Office:
Office Name: EXP Realty
Office Phone: (734) 322-3302
Listing Agent: Johnny M Gewarges
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Middle School
2
/10
Grandport Academy
4536 6th St
Distance between this listing and this school0.83 miles
Public District Grades 4-8
High School
2
/10
Ecorse Community High School
27385 W Outer Dr
Distance between this listing and this school0.27 miles
Public District Grades 9-12
Nearby Schools
1
/10
Ralph J. Bunche Academy
503 Hyacinthe St
Distance between this listing and this school0.80 miles
Public District Grades PK-3
3
/10
Ann Visger Elementary School
11121 W Jefferson Ave
Distance between this listing and this school1.09 miles
Public District Grades PK-5
3
/10
Raupp Elementary School
1351 Ethel Ave
Distance between this listing and this school1.12 miles
Public District Grades PK-6
Assigned Schools
2
/10
Grandport Academy
4536 6th St
Distance between this listing and this school0.83 miles
Public District Grades 4-8
Nearby Schools
3
/10
Clarence B. Sabbath Middle School
340 Frazier St
Distance between this listing and this school1.54 miles
Public District Grades 6-8
3
/10
Lincoln Park Middle School
2800 Lafayette Blvd
Distance between this listing and this school2.19 miles
Public District Grades 7-8
Assigned Schools
2
/10
Ecorse Community High School
27385 W Outer Dr
Distance between this listing and this school0.27 miles
Public District Grades 9-12
Nearby Schools
2
/10
River Rouge High School
1460 Coolidge Hwy
Distance between this listing and this school1.78 miles
Public District Grades 9-12
4
/10
Lincoln Park High School
1701 Champaign Rd
Distance between this listing and this school2.38 miles
The neighbors living near this home have an average income of $28,700. The most common annual income of people living in Ecorse, MI is less than $35k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
This home is located at 32 W Woodward St in Ecorse, MI and zip code 48229. This 2,400 square foot home, which was built in 1920, sits on a 0.10 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since April 15, 2024 and is currently priced at $159,900.
In April 2024 more than 7 listings in Ecorse, MI were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 3 were sold below. In April 2024, listings were on the market for 71 days. During the same period, the median list price in this real estate market was $72,250.
From Rocket Homes Real Estate and based on county public records data.