$250,000
$249,900
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6 E Rockwood Avenue Ecorse, MI 48229
4,443 Sqft Lot
Key Details
Sold Price $250,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 24040304
Year Built 1927
Annual Tax Amount $8,905
Tax Year 2023
Lot Size 4,443 Sqft
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 Wayne County - 100
Interior
Heating Forced Air
Cooling Window Unit(s)
Fireplaces Number 1
Exterior
Garage Paved
Utilities Available Natural Gas Available, Natural Gas Connected, Electricity Connected, Water Available
Waterfront No
View Y/N No
Roof Type Other
Building
Lot Description Sidewalk, Corner Lot
Sewer Public Sewer
Structure Type Brick,Vinyl Siding
New Construction No
Schools
School District River Rouge
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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