Sold

$140,000

4360 10th St #344, Ecorse, MI 48229

5beds

2baths

1,872sqft

2 to 4 Units

Built in 1929

-- sqft lot

$163,700 Zestimate^®

$75/sqft

$1,299 Estimated rent

Home value

$163,700

$147,000 - $182,000

$1,299/mo

Zestimate^® history

Owner options

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$1,299/mo

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$1,299/mo

Rent Zestimate^®

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$1,035/mo

Est. payment

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$1,035/mo

Est. payment

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What's special

Outstanding Investment Opportunity in Ecorse, Michigan! This well-maintained two-unit multifamily duplex features a spacious three-bedroom upper unit and a cozy two-bedroom lower unit. With long-term, reliable tenants already in place, this property ensures stable income and minimal turnover. Boasting an impressive 12.5% return on investment cap rate, this is a prime chance to enhance your portfolio. Located in the vibrant city of Ecorse, this duplex combines profitability with peace of mind. Property is situated just a couple blocks west of Detroit-River. ..........................DO NOT DISTRUB TENANTS.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2

Heating

Forced Air

Cooling

None

Features

Basement: Other

Interior area

Total interior livable area: 1,872 sqft

Property

Parking

Total spaces: 4

Lot

Size: 3,049 Square Feet
Dimensions: 98 x 32 x 29 x 98

Details

Parcel number: 34003020015000

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Block, Vinyl Siding
Roof: Other

Condition

New construction: No
Year built: 1929

Utilities & green energy

Utilities for property: Natural Gas Connected, Electricity Connected

Community & HOA

Location

Region: Ecorse

Financial & listing details

Price per square foot: $75/sqft
Tax assessed value: $42,735
Annual tax amount: $5,177
Date on market: 7/30/2024
Listing terms: Cash,Conventional
Tenant pays: Electricity, Gas
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
9/17/2024	Sold	$140,000+0.1%$75/sqft
Source: MichRIC #24039272 Report a problem
8/26/2024	Pending sale	$139,900$75/sqft
Source: MichRIC #24039272 Report a problem
8/15/2024	Contingent	$139,900$75/sqft
Source: MichRIC #24039272 Report a problem
7/30/2024	Listed for sale	$139,900$75/sqft
Source: MichRIC #24039272 Report a problem