38 E WESTFIELD Street new

Ecorse,MI 48229 1534

$ 425000

- Bed

6 Baths

768 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 768 sqft

Price per Sqft $553

Subdivision Mi

MLS Listing ID 60359563

Style 1 Story

Full Baths 6

Year Built 1925

Annual Tax Amount $2,008

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 50.00 x 78.70

Property Description

Package of 6 rentals in Ecorse! See second picture for addresses and financial info. All 6 homes are occupied by long term tenants. All the homes are 2 bedroom / 1 bath with a basement. Total current rent is $6,250 making this a great opportunity to scale up your rental portfolio with cash flow on day one. Plenty of room to increase rents too. Market rents should give you $7,000+ in monthly rental income and a 10%+ cap rate. Inquire for more info & pics. No showings without an accepted offer. PACKAGE SALE: 27 Ridge St, 30 Ridge St, 38 Ridge St, 38 Westfield St, 4241 6th St, 59 Glenwood St.

Location

State MI

County Wayne

Area Ecorse (82145)

Zoning Multi-Family

Rooms

Basement Poured

Interior

Heating Forced Air

Fireplace No

Exterior

Exterior Feature Vinyl Siding

Building

Story 1 Story

Foundation Basement

Water Public Water

Structure Type Vinyl Siding

Schools

School District Ecorse Public School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional

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