$249,900
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6 E Rockwood AVE Ecorse, MI 48229
4,356 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 81024040304
Sold Date 09/17/24
Year Built 1927
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type MultiFamily
Property Description
Outstanding Investment Opportunity in Ecorse, Michigan! This well-maintained FOUR-UNIT multifamily features a spacious Two-bedroom w/ One-full bath_ ( EACH UNIT IS THE SAME) . With long-term, reliable tenants already in place, this property ensures stable income and minimal turnover. Boasting an impressive 15% return on investment cap rate, this is a prime chance to enhance your portfolio. Located in the vibrant city of Ecorse, this FOUR-UNIT combines profitability with peace of mind. Property is situated just a couple blocks west of Detroit-River. ..........................DO NOT DISTRUB TENANTS.
Location
State MI
County Wayne
Area Area05145Ecorse
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Cooling WindowUnits
Fireplace No
Exterior
Parking Features Paved
Community Features Sidewalks
Utilities Available ElectricityConnected, NaturalGasAvailable, NaturalGasConnected
View Y/N No
Roof Type Other
Building
Lot Description CornerLot
Sewer Public Sewer
Water Public, WateratStreet
New Construction No
Schools
High Schools River Rouge
School District Riverrouge
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Brikho Properties