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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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4484 4th St , Ecorse, MI 48229
$95,000
Est. Payment: $211.11/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 62
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House Description

Great investment opportunity! This multi-family property features a tenant-occupied lower unit currently rented through Section 8 for $895 per month, providing immediate rental income. The upper unit offers additional income potential for investors or an opportunity for an owner-occupant to live in one unit while renting the other. Property also includes a detached garage that may provide additional rental income. Conveniently located near major roads, shopping, and dining with easy access to surrounding Downriver communities and Detroit. A solid addition to any investor's portfolio with strong cash-flow potential.

Highlights

Listed by Kristina Khalifeh , 313-689-8836 LPT Realty, LLC , 877-366-2213.

Property Type

Multi-Family

Lot/Acreage
0.07

Year Built

1918

County

Wayne

School District

Ecorse

Listing ID

26008880

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Basement:Michigan Basement

Exterior Features

Garage Capacity:2
Sewer:Public Sewer
Principal Interest
$211
Taxes
$176

Home Price

$95,000

Loan Details

30 yrs
%

Down Payment

20%
$19,000
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Monthly Price:
$211.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $211.11 $176.25 $0.00 $387.36
Yearly $2,533.33 $2,115.00 $0.00 $4,648.33
Total $76,000.00 $63,450.00 $0.00 $139,450.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Ecorse, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.