See all 2 photos
$425,000
Est. payment /mo
2 BD
1 BA
953 SqFt
Active
27 RIDGE Street Ecorse, MI 48229 1722
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UPDATED:
12/12/2024 11:19 AM
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 953 sqft
Price per Sqft $445
Subdivision Burke & Leblanc Sub
MLS Listing ID 60359559
Style 1 Story
Bedrooms 2
Full Baths 1
Abv Grd Liv Area 953
Year Built 1939
Annual Tax Amount $3,077
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 30.00 x 100.00
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)
Rooms
Basement Unfinished
Interior
Heating Forced Air
Exterior
Garage No
Building
Story 1 Story
Foundation Basement
Water Public Water
Architectural Style Ranch
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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Listed by Keller Williams Somerset