32 W WOODWARD Street Ecorse, MI ^$ 159,900

32 W WOODWARD Street

^$ 159,900

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32 W WOODWARD Street

Ecorse, MI, 48229

^$ 159,900

Studio Baths3.0 Sq 2,400

Monthly Estimate*

^$ 1,117

32 W WOODWARD Street, Ecorse, MI 48229 - Image 1

Studio

Multi-Family Home for sale in Ecorse, MI

for $159,900 with 3 full baths. This 2,400 square foot home was built in 1920 on a lot size of 0.1.

Amazing investment opportunity fully leased out over 14% cap rate. Two buildings completely remodeled including new roofs in 2022. Start making money from day one. All units have separate water and separate electrical meters. Amazing long-term tenants who are Current and always pay on time.

Multi-Family Active

Price

^$ 159,900

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 4,259

Style

Lot Size

0.1

Year Built

1920

Town/City

Ecorse

County/Region

Wayne

MLS | Web ID

60300245

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Full Baths 3

Half Baths 0

Bathrooms 3

Year Built 1920

Subdivision WAYNE COUNTY CONDO SUB PLAN NO 496 MI

Water Heater Gas

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 22700

Municipality Ecorse

Zoning Multi-Family

Structure Style 2 Story

Area Ecorse (82145)

Primary City Ecorse

Directions W JEFFERSON TO W WOODWARD

City Ecorse

School District Ecorse Public School District

Street Name WOODWARD

Financial Terms Cash

Legal Description 496E43A LOT 43 EXC THE ELY 2.0 FT THEREOF WELCH BROS RIVERSIDE PARK SUB PC 226 496 L25 P34 WCR

DOM 31

Postal Code 48229

Price Per Sq Ft 66.63

Coming Soon Amazing investment opportunity fully leased out over 14% cap rate. Two buildings completely remodeled including new roofs in 2022. Start making money from day one. All units have separate water and se

Interior

Basement Block

Fireplace? No

Total Number of Units 3

Fuel Type Natural Gas

Exterior

Exterior Vinyl Siding

Frontage 44

Lot Size Area 0.1

Lot Dimensions 44.30 x 101.60

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Johnny Gewarges

Listing Agent

Exp Realty

Broker

johnnygewarges@gmail.com

Affordability Calculator

$1,472

Per Month

Monthly Principal & Interest: $1,117
Monthly Property Taxes: $355
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Ecorse, MI

Average List Price ^$178,011

Percent of Sale Price 11%

About Ecorse, MI

8,648 Population

-23% Since 2002

^$27,480 Median Income

36.76 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1576203 Elementary School

1576201 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/15/2024	$159,900		Listed Price

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32 W WOODWARD Street, Ecorse, MI, 48229 is a Multi-Family Home for sale at $159,900 with 2,400 sqft and a lot size of 0.1. 32 W WOODWARD Street is a studio with 3.0 baths and was built in 1920. The property's zip code is 48229 which is in Ecorse, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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32 W WOODWARD Street

Multi-Family Home for sale in Ecorse, MI

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