$425,000 for Sale

27 ridge street, ecorse, MI 48229

Beds 2

Baths 1

953 Sqft

0.07 Acres

1 of 1

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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.

General Information

Sale Price: $425,000

Price/SqFt: $446

Est. Payments: $2,791*

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Status: Active

MLS#: 20240091236

City: ecorse

Post Office: ecorse

Schools: ecorse

County: Wayne

Subdivision: burke & leblanc sub

Acres: 0.07

Lot Dimensions: 30.00 x 100.00

Bedrooms:2

Bathrooms:1 (1 full, 0 half)

House Size: 953 sq.ft.

Acreage: 0.07 est.

Year Built: 1939

Property Type: Single Family

Style: Ranch

Features & Room Sizes

Paved Road: Paved
Garage: No Garage
Construction: Vinyl
Exterior: Vinyl

Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)

Tax, Fees & Legal

Home warranty: No
Est. Summer Taxes: $1,596
Est. Winter Taxes: $1,481

HOA fees: 0
Legal Description: 497E134 LOT 134 BURKE AND LE BLANCS SUB PC 496,497 L25 P75 WCR

Map

IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders Listing By: Joseph Hammel of Keller Williams Somerset, Phone: (248) 649-7200

(810) 516-9865 Call Frazier White Jr. for more information about this property.

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Frazier White Jr.

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This Single-Family Home located at

27 ridge street, ecorse MI, 48229

is currently for sale. This property is listed for $425,000.

For Sale | $425,000 | 2 Bed, 1 Bath | 953 Sq Ft MLS ID rcomi20240091236

27 ridge street has 2 bedrooms, approximately 953 square feet. This home is in the ecorse school district and has a lot size of 30.00 x 100.00 with 0.07 acres and was built in 1939. 27 ridge street is in ecorse and in ZIP Code 48229 area.
If you have any question about this property or any others, please don't hesitate to contact me.