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Jasmine Sheffield

jasmine@jasminesheffield.com +1(734) 624-7562

$ 485,000

Est. payment | -/mo

6 Baths

10,744 SqFt

Save

$ 485,000

Est. payment | -/mo

Save

6 Baths

10,744 SqFt

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 10,744 sqft

Price per Sqft $45

Subdivision Moon & Hutton Sub

MLS Listing ID 20261006538

Style Other

Full Baths 6

Year Built 1953

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type MultiFamily

Property Description

Solid 6-unit multifamily investment opportunity in Ecorse. The property features a unit mix of five 2-bedroom units and one 1-bedroom unit, offering a layout that aligns well with local rental demand. Currently, one 2-bedroom unit is occupied at $900/month, with the remaining units available for lease. The property has a current Certificate of Occupancy and separately metered electric, with tenants responsible for their own electricity. With the majority of units vacant, there is an opportunity for a new owner to implement their own management strategy, complete any desired improvements, and lease units at market rates. Suitable for investors seeking a long-term hold or gradual value-add opportunity.

Location

State MI

County Wayne

Area Area05145Ecorse

Rooms

Basement Finished

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Pool None

View Y/N No

Roof Type Asphalt

Garage false

Building

Foundation Basement, Block

Sewer Sewer At Street

Water Other, Public

New Construction No

Schools

School District Ecorse

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Call

Listed by Victoria McKay of Keller Williams Realty-Great Lakes

NEARBY SCHOOL & BUSINESS

+1(734) 624-7562

jasmine@jasminesheffield.com

42949 W Seven Mile Rd, Northville, MI, 48167, United States

3807 19th ST Ecorse, MI 48229