3918 High Street, Ecorse, MI 48229

$129,900
2
BA

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List Price
$129,900
Days on Market
2
MLS#
26042301
Status
ACTIVE
Type
Multifamily
Bathrooms
2

Property Description

INVESTMENT OPPORTUNITY - FULLY LEASED DUPLEX - $129,900 Discover immediate income potential at 3918 High Street in Ecorse. This FULLY occupied duplex features TWO spacious THREE-BEDROOM units, currently generating approximately $1,500 and $1,200 per month. Long-term tenants with consistent payment histories provide stable cash flow and minimal turnover. Additional features include a separate basement and individually metered utilities. With an estimated 19% cap rate, this income-producing property presents an excellent opportunity to expand your investment portfolio. Conveniently located near local shopping, dining, major roadways, and other Ecorse amenities. Please do not disturb the tenants. Buyer and buyer's agent to verify all information, rental income, expenses, and financial projections.

Additional Information

Owner Pays
Trash Collection, Water
Taxes
$4,982
Acres
0.10
Basement
Full
Heating
Forced Air
School District
Ecorse
Sewer
Public Sewer
Tenant Pays
Electricity, Gas
Total Parking Spaces
8
Utilities
Natural Gas Connected, Electricity Connected
Water
Public Water

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jeffrey Brikho from Listing Office: Brikho Properties.

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