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4265 7TH Street Ecorse, MI 48229 1113
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Key Details
Sold Price $130,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $65
Subdivision Mi
MLS Listing ID 60089707
Sold Date 06/22/22
Style 2 Story
Full Baths 2
Year Built 1920
Annual Tax Amount $4,539
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 30.00X88.60
Property Description
AMAZING TURNKEY INVESTMENT OPPORTUNITY FOR SEASONED OR NEW INVESTORS;PASSIVE INCOME FOR AN OWNER OCCUPANT TOO! MEASURING AT ABOUT 2,000sqft THIS DUPLEX IS PRETTY RARE FOR THE AREA : 2 UNITS THAT ARE BOTH 3 BED/1 BATH (BOTH CURRENTLY RENTED UNDER CURRENT MARKET VALUE) RENTAL CERTIFIED AND READY FOR ITS NEW OWNER! DUE TO TENANTS SCHEDULES - DUE TO TENANTS SCHEDULES SHOWINGS ARE ONLY TO BE SCHEDULED BETWEEN 1PM AND 3PM ON SATURDAYS UNLESS AN OFFER IS WRITTEN AND ACCEPTED. PLEASE DO NOT APPROACH TENANTS OR PROPERTY WITHOUT SCHEDULING A SHOWING! WITH SOME SLIGHT RENOVATING THE SAME SIZE UNITS RENT FOR 925-1000/MONTH IN THE AREA - POTENTIALLY EARNING 12-15% ROI SEPARATE GAS - SEPARATE ELECTRIC - OWNER CURRENTLY PAYS WATER BILL ALL CURRENT TENANTS ON M2M LEASE *AS OF APRIL 1, 2022 SECTION 8 PAYMENT STANDARDS FOR 3 BEDROOM IS $1,645/MONTH* THIS COULD MAKE YOUR ROI% SOAR!
Location
State MI
County Wayne
Area Ecorse (82145)
Zoning Residential
Rooms
Basement Block, Common
Interior
Interior Features Cable/Internet Avail.
Heating Forced Air
Cooling Ceiling Fan(s)
Fireplace No
Exterior
Exterior Feature Aluminum, Vinyl Siding
Waterfront No
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Aluminum,Vinyl Siding
Schools
School District Ecorse Public School District
Others
Ownership Private
Assessment Amount $1
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional
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Bought with LPS