$235,000
FOR SALE3918 High Street, Ecorse, MI 48229
Ecorse, Mi, 48229
MLS #26015371
Subdivision: George E Cicottes Everbloom Sub
Building: -
- Beds
-/- Baths
- sqft
$ - /sqft
INVESTMENT PORTFOLIO SALE - TWO FULLY LEASED DUPLEXES - SOLD AS ONE PACKAGE FOR $235,000........This rare opportunity includes 37 W Woodward Ave and 3918 High St, both located in Ecorse and fully occupied with strong performing tenants delivering immediate cash flow. The portfolio consists of four total rental units with a combined monthly rental income of approximately $4,763 and annual gross income of approximately $58,304. Current net operating income is approximately $43,381, providing an exceptional cap rate for investors seeking stabilized returns with upside potential.......37 W Woodward features two 2-bedroom units generating $900 and $1,000 per month. 3918 High St features two 3-bedroom units generating approximately $1,500 and $1,363 per month. Both properties include separate basements, individual utilities, and strong tenant occupancy with consistent payment history........ Properties are being sold together as a package only.
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Listing Courtesy of: Brikho Properties
