37 W Woodward Avenue, Ecorse, MI 48229
- Bedrooms
- Bathrooms
- SQ. FT.
- Schools Ecorse
- County Wayne
- Township Ecorse City
- Above Grade Sq. Ft.
- Below Grade Sq. Ft.
- Bedrooms
- Bathrooms
- Basement Full
- Garage
- Acreage 0.12
- Heat Type Forced Air
- Central Air Window Unit(s)
- Year Built 1929
- Style
- Exterior
- Taxes
- SEV 50700
- Zoning
- Parcel 34-006-06-0008-002
- Lot Size 46x87x43x84
Features
INVESTMENT PORTFOLIO SALE - TWO FULLY LEASED DUPLEXES - PACKAGE PRICE $235,000.
Includes 37 W Woodward Ave and 3918 High St in Ecorse, both fully occupied with strong tenants and immediate cash flow. Portfolio totals four rental units with a combined monthly income of approximately $4,763 and annual gross income of approximately $58,304. Current NOI is approximately $43,381, offering an exceptional cap rate with upside potential.37 W Woodward features two 2-bedroom units renting for $900 and $1,000 per month. 3918 High St features two 3-bedroom units renting for approximately $1,500 and $1,363 per month. Both properties include separate basements, individual utilities, and consistent tenant payment history.Properties must be sold together; the seller will not separate them. Financials, rent roll, and supporting documentation are available after NDA execution. Showings only after an accepted Letter Of Intent (LOI)-. DO NOT DISTURB TENANTS. PACKAGE SALE - This listing is part of a two-property portfolio including:
( 37 W Woodward Ave Ecorse MI 48229....
PROPERTY ID: 34-006-06-0008-002) ....( 3918 High St. Ecorse, MI 48229.
....PROPERTY ID:34005040015000
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