$425,000 for Sale
27 ridge street, ecorse, MI 48229
| Beds 2 | Baths 1 | 953 Sqft | 0.07 Acres |
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1 of 1 |
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.
General Information
Sale Price: $425,000
Price/SqFt: $446
Status: Active
MLS#: rcomi20240091236
City: ecorse
Post Office: ecorse
Schools: ecorse
County: Wayne
Subdivision: burke & leblanc sub
Acres: 0.07
Lot Dimensions: 30.00 x 100.00
Bedrooms:2
Bathrooms:1 (1 full, 0 half)
House Size: 953 sq.ft.
Acreage: 0.07 est.
Year Built: 1939
Property Type: Single Family
Style: Ranch
Features & Room Sizes
Bedroom 1:
Bedroom 2 :
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved
Garage: No Garage
Construction: Vinyl
Exterior: Vinyl
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $1,596
Est. Winter Taxes: $1,481
Legal Description: 497E134 LOT 134 BURKE AND LE BLANCS SUB PC 496,497 L25 P75 WCR
IDX provided courtesy of Realcomp II Ltd. via AAA McNamara Properties and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders
Listing By: Joseph Hammel of Keller Williams Somerset, Phone: (248) 649-7200
