2
See all 2 photos
$420,000
Est. payment /mo
2 BD
1 BA
953 SqFt
Price Dropped by $4K
27 RIDGE Street Ecorse, MI 48229
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UPDATED:
01/02/2025 09:49 PM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 953 sqft
Price per Sqft $440
Municipality Ecorse City
Subdivision Ecorse City
MLS Listing ID 20240091236
Bedrooms 2
Full Baths 1
Originating Board Realcomp
Year Built 1939
Annual Tax Amount $3,077
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 30.00 x 100.00
Property Description
Package of 6 rentals in Ecorse! See second picture for addresses and financial info. All 6 homes are occupied by long term tenants. All the homes are 2 bedroom / 1 bath with a basement. Total current rent is $6,250 making this a great opportunity to scale up your rental portfolio with cash flow on day one. Plenty of room to increase rents too. Market rents should give you $7,000+ in monthly rental income and a 10%+ cap rate. Inquire for more info & pics. No showings without an accepted offer. PACKAGE SALE: 27 Ridge St, 30 Ridge St, 38 Ridge St, 38 Westfield St, 4241 6th St, 59 Glenwood St.
Location
State MI
County Wayne
Area Wayne County - 100
Direction West Jefferson Ave to Ridge St
Interior
Heating Forced Air
Exterior
View Y/N No
Garage No
Building
Story 1
Sewer Public
Water Public
Structure Type Vinyl Siding
Schools
School District Ecorse
Others
Tax ID 34005030134000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Keller Williams Somerset