Properties for sale in Michigan

Overview

Description

INVESTMENT OPPORTUNITY - FULLY LEASED DUPLEX - $129,900 Discover immediate income potential at 3918 High Street in Ecorse. This FULLY occupied duplex features TWO spacious THREE-BEDROOM units, currently generating approximately $1,500 and $1,200 per month. Long-term tenants with consistent payment histories provide stable cash flow and minimal turnover. Additional features include a separate basement and individually metered utilities. With an estimated 19% cap rate, this income-producing property presents an excellent opportunity to expand your investment portfolio. Conveniently located near local shopping, dining, major roadways, and other Ecorse amenities. Please do not disturb the tenants. Buyer and buyer's agent to verify all information, rental income, expenses, and financial projections.

Location Property Info

County: Wayne
Street #: 3918
Street Name: High
Suffix: Street
State: MI
Zip Code: 48229
Zip (4): 1672

General Property Info

Lot Measurement: Acres
Lot Square Footage: 4356
Lot Acres: 0.1
Lot Dimensions: 30x138x30x130
Year Built: 1929
New Construction: No
Cert of Compliance: Yes
Road Frontage: 30
Total # Units: 2
Total # Bldgs: Yes
Total Parking Spaces: 8
Waterfront: No
School District: Ecorse
Basement: Yes
# of Diff Unit Floor Plans: 0

Tax Info

Tax ID #: 34-005-04-0015-000
Taxable Value: 45471
SEV: 62600
For Tax Year: 2025
Seller's Annual Property Tax: 4982
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: No

Remarks Misc

Directions: West Of Jefferson | North Of Outer Dr.

Access Feat

Accessibility Features: No

More Information

Unit 1

Unit #: Yes
Unit Description: Main
Identical Units: Yes
SqFt: 850
Occupied: Yes
Monthly Rent: 1500
Bathrooms: Yes
Full Baths: Yes
Range Oven: Yes
Refrigerator: Yes
Washer/Dryer: Yes

Unit 2

Unit #: 2
Unit Description: Upper
Identical Units: Yes
SqFt: 850
Occupied: Yes
Monthly Rent: 1363
Bathrooms: Yes
Full Baths: Yes
Range/Oven: Yes
Refrigerator: Yes
Washer/Dryer: Yes

Location & Property Info

Cross Streets: Jefferson / Salliotte
Property Sub-Type: 2 to 4 Units
Municipality: Ecorse City
Subdivision: George E Cicottes Everbloom Sub
Ownership Type: Private Owned

Office/Contract Info

Auction or For Sale: For Sale

Remarks & Misc

Public Remarks: INVESTMENT OPPORTUNITY - FULLY LEASED DUPLEX - $129,900 Discover immediate income potential at 3918 High Street in Ecorse. This FULLY occupied duplex features TWO spacious THREE-BEDROOM units, currently generating approximately $1,500 and $1,200 per month. Long-term tenants with consistent payment histories provide stable cash flow and minimal turnover. Additional features include a separate basement and individually metered utilities. With an estimated 19% cap rate, this income-producing property presents an excellent opportunity to expand your investment portfolio. Conveniently located near local shopping, dining, major roadways, and other Ecorse amenities. Please do not disturb the tenants. Buyer and buyer's agent to verify all information, rental income, expenses, and financial projections.
Legal: 497F15 16A LOT 15 AND THE NLY 1/2 OF LOT 16 GEORGE E CICOTTES EVERBLOOM SUB PC 497,525 L57 P97 WCR

Street Type

Paved: Yes
Public: Yes

Util Avail at Street

Public Sewer: Yes
Public Water: Yes

Utilities Attached

Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Conventional: Yes

Mineral Rights

Unknown: Yes

Laundry Features

In Basement: Yes

Exterior Material

Vinyl Siding: Yes

Roofing

Other: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Air Conditioning

Window Unit(s): Yes

Tenant Pays

Electric: Yes
Gas: Yes

Driveway

Concrete: Yes
Paved: Yes

Substructure

Full: Yes

Owner Pays

Trash Collection: Yes
Water: Yes

Possession

Close Of Escrow: Yes

Property Features

Laundry Features: In Basement Exterior Material: Vinyl Siding Roofing: Other Substructure: Full Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Public Sewer; Public Water Owner Pays: Trash Collection; Water Tenant Pays: Electric; Gas Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Window Unit(s) Driveway: Concrete; Paved Street Type: Paved; Public Mineral Rights: Unknown Terms Available: Cash; Conventional Possession: Close Of Escrow Sale Conditions: None Unit 1: Range Oven; Refrigerator; Washer/Dryer Unit 2: Range/Oven; Refrigerator; Washer/Dryer

3918 High Street, Ecorse, MI 48229