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4265 7TH Street Ecorse, MI 48229
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Key Details
Sold Price $130,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $65
Subdivision Champaign Sub
MLS Listing ID 2220029875
Sold Date 06/22/22
Style Duplex
Bedrooms 2
Full Baths 2
Originating Board Realcomp II Ltd
Year Built 1920
Annual Tax Amount $4,539
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 30.00X88.60
Property Description
AMAZING TURNKEY INVESTMENT OPPORTUNITY FOR SEASONED OR NEW INVESTORS;PASSIVE INCOME FOR AN OWNER OCCUPANT TOO! MEASURING AT ABOUT 2,000sqft THIS DUPLEX IS PRETTY RARE FOR THE AREA : 2 UNITS THAT ARE BOTH 3 BED/1 BATH (BOTH CURRENTLY RENTED UNDER CURRENT MARKET VALUE) RENTAL CERTIFIED AND READY FOR ITS NEW OWNER! DUE TO TENANTS SCHEDULES - DUE TO TENANTS SCHEDULES SHOWINGS ARE ONLY TO BE SCHEDULED BETWEEN 1PM AND 3PM ON SATURDAYS UNLESS AN OFFER IS WRITTEN AND ACCEPTED.
PLEASE DO NOT APPROACH TENANTS OR PROPERTY WITHOUT SCHEDULING A SHOWING! WITH SOME SLIGHT RENOVATING THE SAME SIZE UNITS RENT FOR 925-1000/MONTH IN THE AREA - POTENTIALLY EARNING 12-15% ROI
SEPARATE GAS - SEPARATE ELECTRIC - OWNER CURRENTLY PAYS WATER BILL
ALL CURRENT TENANTS ON M2M LEASE
*AS OF APRIL 1, 2022 SECTION 8 PAYMENT STANDARDS FOR 3 BEDROOM IS $1,645/MONTH* THIS COULD MAKE YOUR ROI% SOAR!
Location
State MI
County Wayne
Area Ecorse
Zoning Residential
Direction OUTER DR TO 7TH STREET
Rooms
Basement Common
Interior
Interior Features Cable Available
Hot Water Natural Gas
Heating Forced Air
Cooling Ceiling Fan(s)
Fireplace no
Heat Source Natural Gas
Exterior
Waterfront no
Roof Type Asphalt,Other
Porch Balcony, Porch - Covered, Porch
Road Frontage Paved, Pub. Sidewalk
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Duplex
Level or Stories 2 Story
Structure Type Aluminum,Vinyl
Schools
School District Ecorse
Others
Pets Allowed Yes
Tax ID 34007020149000
Ownership Short Sale - No,Private Owned
Assessment Amount $1
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Keller Williams Paint Creek