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32 W Woodward Street

Ecorse, MI 48229
  • $159,900
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 20240023741
UPDATED: 56 min ago
$159,900
  • 0
    BEDS
  • 0.1
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,400
    SQFT
  • $67
    $/SQFT
Type:
Multi-Family
Built:
1920
County:
Area:
Zoning:
Multi-Family
Lot Size Dimensions:
44.30 x 101.60

School Ratings & Info

School District:

Description

Amazing investment opportunity fully leased out over 14% cap rate. Two buildings completely remodeled including new roofs in 2022. Start making money from day one. All units have separate water and separate electrical meters. Amazing long-term tenants who are Current and always pay on time.

Monthly Payment Calculator



IDX provided courtesy of Realcomp II Ltd. via Real5 and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real5 are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-05-28T18:03:16.263.
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32 W Woodward Street Ecorse, MI 48229

  • Price: $159,900
  • Status: Active
  • On Site: 36 Days
  • Updated: 56 min ago
  • MLS #: 20240023741
0
Beds
3
Baths
0
½ Baths
0.1
Acres
2,400
SQFT
$67
$/SQFT
1920
Built
Neighborhood:
Wayne County Condo Sub Plan No 496
County:
Wayne
Area:
Ecorse
School District:
ECORSE
Property Description
Amazing investment opportunity fully leased out over 14% cap rate. Two buildings completely remodeled including new roofs in 2022. Start making money from day one. All units have separate water and separate electrical meters. Amazing long-term tenants who are Current and always pay on time.
Exterior Features

Architecture Level 2 Story Architecture Style Triplex Construction Materials Block/Concrete/MasonryVinyl Foundation Details Basement Foundation Materials Block Lot Size Dimensions 44.30 x 101.60 Parking Total 0 Pool YN No Road Frontage Feet 44 Road Frontage Type Paved Roof Material Asphalt Waterfront YN No

Interior Features

Basement Type Unfinished Basement YN Yes Baths Total 3.00 Fireplace YN No Heating Forced Air Heating Fuel Natural Gas Living Area Source Public Records Sq Ft Combined 2400 Sq Ft Total Basement 1740 Unit Efficiency Number Of 0 Unit Four Bed Number Of 0 Unit One Bed Number Of 1 Unit Three Bed Number Of 1 Unit Two Bed Number Of 1 Water Heater Fuel Natural Gas

Property Features

Assessment 0.00 Down Payment Resource YN Yes Existing Lease YN Yes Gross Scheduled Income 28800.00 Homestead YN No Income Projection Actual Land Contract YN No Listing Financing Cash Monthly Rental Income 2400 Net Operating Income 22700.00 Number Of Units Leased 3 Operating Expense 6100.00 Ownership Status Broker/Agent OwnedShort Sale - No Percent Homestead Exempt YN No Pets Allowed No Postal City Ecorse Protection Period 60 Rent Includes Heat Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 2588.0000 Tax Amount Winter 1671.0000 Title Agent Owned (Broker/Agent) Total Tax 4259.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 32 W WOODWARD Street Water Source Public (Municipal) Zoning Multi-Family

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via EXP Realty: (734) 322-3302 and Realcomp, ©2024 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Real5 and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real5 are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-05-28T18:03:16.263.
 
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