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About the Listing 113267 - MR817183
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.
Listing Highlights
Status
Active
Days on Site
20
Property Type
Multi-Family
MLS ®
70525062
Year Built
1929
Total Square Footage
1,500
Lot/Acreage
0.12
County
Wayne
Area
Ecorse (82145)
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1500
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 46x87x43x84
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $4,909
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
37 W Woodward Ecorse, MI 48229
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