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$235,000
New Listing

37 W Woodward Avenue
Ecorse City, MI 48229

For Sale|Multi Family|Active
4
Beds
0
Total Baths
1,500
SqFt
$157
/SqFt
1929
Built
County:
Wayne
Call Now: 888-825-1420
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888-825-1420
37 W Woodward Avenue37 W Woodward Avenue37 W Woodward Avenue37 W Woodward Avenue
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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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Listing Snapshot
Price 
$235,000
Days On Site 
0 Days
Bedrooms 
4
Inside Area (SqFt) 
1,500 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.12 Acres
Year Built 
1929
MLS® Number 
81026015372
Status 
Active
Property Tax 
$4,909
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 hours agoListing first seen on site
5 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.12
Cross Street 
W. Outer Dr., W. Jefferson
Parking 
ConcretePaved
Parking Spaces 
8
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
1500
Utilities 
Electricity ConnectedNatural Gas ConnectedSewer ConnectedSewer Available
Water Source 
Public
Interior Features
Basement 
Full
Cooling 
Window Unit(s)
Heating 
Forced AirNatural Gas
Laundry Features 
In Basement
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Exterior Features
Construction Details 
BrickWood Siding
Roof 
Other
Community Features
Financing Terms Available 
CashConventional
MLS Area 
Area05145Ecorse
Roads 
Paved
School District 
Ecorse
Schools
School District
Ecorse
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Brikho Properties: [email protected]



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Neighborhood & Commute
Source: Walkscore
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