Sold

$250,000

6 E Rockwood St, Ecorse, MI 48229

4beds

4baths

4,028sqft

2 to 4 Units

Built in 1927

-- sqft lot

$330,100 Zestimate^®

$62/sqft

$1,404 Estimated rent

Home value

$330,100

$281,000 - $376,000

$1,404/mo

Zestimate^® history

Owner options

List your home for rent

$1,404/mo

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$1,404/mo

Rent Zestimate^®

Refinance and save

$1,815/mo

Est. payment

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$1,815/mo

Est. payment

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What's special

Outstanding Investment Opportunity in Ecorse, Michigan! This well-maintained FOUR-UNIT multifamily features a spacious Two-bedroom w/ One-full bath_ ( EACH UNIT IS THE SAME) . With long-term, reliable tenants already in place, this property ensures stable income and minimal turnover. Boasting an impressive 15% return on investment cap rate, this is a prime chance to enhance your portfolio. Located in the vibrant city of Ecorse, this FOUR-UNIT 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: 4
Bathrooms: 4

Heating

Forced Air

Cooling

Window Unit(s)

Features

Basement: Full

Interior area

Total interior livable area: 4,028 sqft

Property

Parking

Total spaces: 4
Parking features: Paved

Lot

Size: 4,356 Square Feet
Dimensions: 49 x 88 x 48 x 93
Features: Sidewalk, Corner Lot

Details

Parcel number: 34004070045001

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Brick, Vinyl Siding
Roof: Other

Condition

New construction: No
Year built: 1927

Utilities & green energy

Utilities for property: Natural Gas Available, Natural Gas Connected, Electricity Connected

Community & HOA

Location

Region: Ecorse

Financial & listing details

Price per square foot: $62/sqft
Tax assessed value: $74,080
Annual tax amount: $8,905
Date on market: 8/3/2024
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	$250,000+0%$62/sqft
Source: MichRIC #24040304 Report a problem
8/26/2024	Pending sale	$249,900$62/sqft
Source: MichRIC #24040304 Report a problem
8/15/2024	Contingent	$249,900$62/sqft
Source: MichRIC #24040304 Report a problem
8/3/2024	Listed for sale	$249,900+78.5%$62/sqft
Source: MichRIC #24040304 Report a problem
6/29/2020	Sold	$140,000-15.2%$35/sqft
Source: Public Record Report a problem
2/20/2020	Pending sale	$165,000$41/sqft
Source: Real Estate One #2200012336 Report a problem
2/15/2020	Listed for sale	$165,000$41/sqft
Source: Real Estate One #2200012336 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$129,400 +17.1%
2024	--	$110,500 +23.9%
2023	--	$89,200 +30.6%
2022	--	$68,300 +13.6%
2021	--	$60,100
2020	$6,438 +3%	$60,100 +19.7%
2019	$6,252	$50,200 -3.1%
2018	$6,252	$51,800 +3.4%
2017	$6,252 +93.5%	$50,100 +3.1%
2016	$3,231	$48,600 -34.1%
2013	$3,231	$73,800 -4.7%
2012	$3,231	$77,400 -13.9%
2010	--	$89,900 -7.4%
2009	--	$97,100 -0.9%
2008	--	$98,000 +6.1%
2007	--	$92,400 +24.2%
2005	$2,067 -42.2%	$74,400 +6.9%
2003	$3,575 -4.9%	$69,600 +82.4%
2001	$3,758	$38,151
2000	$3,758	$38,151