$159,900 Price Analysis    ♡   Ecorse, MI 48229 6 bed 3 bath 2,400 SqFt ($66/SqFt) 4,356SqFt lot. Built 1920 Listed 2024-04-15, Taxes $3,201 | Ⓧ USDA Ineligible due to location near Ecorse |
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 hve separate water and separate electrical meters. Amazin g long-term tenants who are Current and always pay on time.
Presented by Johnny Gewarges at
Exp Realty, LLC - Trenton.
Property MLS #20240023741 from Realcomp
Bedrooms: 6
Total Bathrooms: 3 / 0
Full Bathrooms: 3
Full Bathrooms: 3
Heating Features: Forced Air
Heating Fuel: Natural Gas
Water Heaters: Natural Gas
Heating Fuel: Natural Gas
Water Heaters: Natural Gas
Basement Description: Unfinished
Frontage Length: 44
Road Frontage Type: Paved
Road Frontage Type: Paved
Lot Size Acres: 0.1
Lot Size Dimensions: 44.30 x 101.60
Lot Size Square Feet: 4356
Lot Size Dimensions: 44.30 x 101.60
Lot Size Square Feet: 4356
Gross Scheduled Income: 28800.00
Rent Includes: Heat
Rent Includes: Heat
Number of Units: 3
Number of 1 Bedroom Units: 1
Number of 2 Bedroom Units: 1
Number of 3 Bedroom Units: 1
Number of 1 Bedroom Units: 1
Number of 2 Bedroom Units: 1
Number of 3 Bedroom Units: 1
School District: Ecorse
Ecorse Community High School is a public middle and high school located approximately 0.3 miles away.
Map directions
Map directionsGrandport Elementary Academy is a public elementary and middle school located approximately 0.8 miles away.
Map directions
Map directionsEcorse Baptist Temple School is a private elementary, middle and high school located approximately 0.3 miles away.
Map directions
Map directionsPets Allowed: No
ActivationDate : 2024-04-15
Annual Tax Amount: 4259
Source Listing Status: Active
County: Wayne
Directions: W JEFFERSON TO W WOODWARD
Source Property Type: Multifamily
Area: Ecorse
Source Neighborhood: WAYNE COUNTY CONDO SUB PLAN NO 496
Ownership Type: Broker/Agent Owned, Short Sale - No
Parcel Number: 34006070043001
Postal Code Plus 4: 1797
Subdivision: WAYNE COUNTY CONDO SUB PLAN NO 496
Zoning: Multi-Family
Source System Name: C2C
Annual Tax Amount: 4259
Source Listing Status: Active
County: Wayne
Directions: W JEFFERSON TO W WOODWARD
Source Property Type: Multifamily
Area: Ecorse
Source Neighborhood: WAYNE COUNTY CONDO SUB PLAN NO 496
Ownership Type: Broker/Agent Owned, Short Sale - No
Parcel Number: 34006070043001
Postal Code Plus 4: 1797
Subdivision: WAYNE COUNTY CONDO SUB PLAN NO 496
Zoning: Multi-Family
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $34,000 | $3,201 |
| 2021 | $unknown + $unknown $39,900 | $3,256 |
| 2020 | $unknown + $unknown $34,200 | $3,212 |
| 2019 | $unknown + $unknown $28,800 | $3,152 |
| 2018 | $unknown + $unknown $23,600 | $3,104 |
| 2017 | $unknown + $unknown $23,700 | $3,045 |
| 2016 | $unknown + $unknown $24,300 | $3,173 |
| 2015 | $unknown + $unknown $30,600 | $3,702 |
| 2014 | $unknown + $unknown $40,900 | $3,162 |
| 2013 | $unknown + $unknown $49,400 | $2,995 |
| 2012 | $unknown + $unknown $52,400 | $2,828 |
| 2011 | $unknown + $unknown $57,900 | $2,622 |
| 2010 | $unknown + $unknown $61,900 | $2,517 |
| 2009 | $unknown + $unknown $67,500 | $2,157 |
| 2008 | $unknown + $unknown $69,000 | $1,257 |
| 2007 | $unknown + $unknown $62,900 | $1,229 |
Listed 2024-04-15
$159,900
Realcomp
Listing removed 2023-10-14
$0
Realcomp
Price Changed 2023-09-11
$149,900
Realcomp
Price Changed 2023-09-01
$159,900
Realcomp
Price Changed 2023-08-31
$0
Realcomp
Price Changed 2023-08-21
$159,900
Realcomp
Listed 2023-07-14
$169,900
Realcomp
Sold 2022-02-04
$45,000
Public Record
Listing removed 2021-10-22
$0
Realcomp
Relisted 2021-10-21
$65,000
Realcomp
Listing removed 2021-09-30
$0
Realcomp
Price Changed 2021-06-15
$65,000
Realcomp
Price Changed 2020-09-25
$84,900
Realcomp
Price Changed 2019-10-29
$89,000
Realcomp
Listed 2019-08-22
$94,900
Realcomp
Listing removed 2017-10-28
$600
Realcomp
Listed for rent 2017-10-03
$600
Realcomp
Sold 2016-10-31
$80,000
Public Record
Sold 2005-03-21
$45,000
Public Record
Sold 1995-11-14
$45,000
Public Record
Sold 1991-07-11
$33,000
Public Record
$159,900
Realcomp
Listing removed 2023-10-14
$0
Realcomp
Price Changed 2023-09-11
$149,900
Realcomp
Price Changed 2023-09-01
$159,900
Realcomp
Price Changed 2023-08-31
$0
Realcomp
Price Changed 2023-08-21
$159,900
Realcomp
Listed 2023-07-14
$169,900
Realcomp
Sold 2022-02-04
$45,000
Public Record
Listing removed 2021-10-22
$0
Realcomp
Relisted 2021-10-21
$65,000
Realcomp
Listing removed 2021-09-30
$0
Realcomp
Price Changed 2021-06-15
$65,000
Realcomp
Price Changed 2020-09-25
$84,900
Realcomp
Price Changed 2019-10-29
$89,000
Realcomp
Listed 2019-08-22
$94,900
Realcomp
Listing removed 2017-10-28
$600
Realcomp
Listed for rent 2017-10-03
$600
Realcomp
Sold 2016-10-31
$80,000
Public Record
Sold 2005-03-21
$45,000
Public Record
Sold 1995-11-14
$45,000
Public Record
Sold 1991-07-11
$33,000
Public Record
Net Operating Income: 22700.00
Operating Expense: 6100.00
Operating Expense: 6100.00
Total Square Feet Living: 2400
Year Built: 1920
Construction Materials: Block/Concrete/Masonry, Vinyl
Foundation Details: Basement
Property Age: 104
Roof: Asphalt
House Style: Triplex
Total Below Grade Area: 1740
Year Built: 1920
Construction Materials: Block/Concrete/Masonry, Vinyl
Foundation Details: Basement
Property Age: 104
Roof: Asphalt
House Style: Triplex
Total Below Grade Area: 1740
Sewer: Public Sewer (Sewer-Sanitary)
Water Source: Public (Municipal)
Water Source: Public (Municipal)
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.