Veterans United Realty
2 Photos

27 Ridge St, Ecorse, MI 48229

$425,000 Asking Price

2 beds
1 bath
953  sqft
Built in 1939

Package of 6 rentals in Ecorse! See second picture for addresses and financial info. All 6 homes are occupied by long term tenants. All the homes are 2 bedroom / 1 bath with a basement. Total current rent is $6,250 making this a great opportunity to scale up your rental portfolio with cash flow on day one. Plenty of room to increase rents too. Market rents should give you $7,000+ in monthly rental income and a 10%+ cap rate. Inquire for more info & pics. No showings without an accepted offer. PACKAGE SALE: 27 Ridge St, 30 Ridge St, 38 Ridge St, 38 Westfield St, 4241 6th St, 59 Glenwood St.

Listing Status:
Active
Date Added:
December 11, 2024 — 15 days ago
Listing Office:
Keller Williams Somerset, Joseph Hammel (330-844-5209)
Office Phone:
248-649-7200
MLS ID:
60359559

Features & Amenities

Interior

Basement:
Unfinished
Heating:
Natural Gas, Forced Air

Exterior

General:
Vinyl Siding
Style:
Ranch

Construction

General:
1 Story, Basement

Location

Road/Access:
Paved Street
Originating MLS:
RealComp
School District:
Ecorse Public School District
County:
Wayne

Lot

Zoning:
497E134 LOT 134 BURKE AND LE BLANCS SUB PC 496,497 L25 P75 WCR, 34005030134000

Utilities

Water:
Public Water
Sewer:
Public Sanitary

Financial

Source:
RealComp

This listing courtesy of:
Keller Williams Somerset, Joseph Hammel

About Ecorse, MI

Housing

Number of Units
4,109
Median Home Value
$50,149
Median Rent
$691

35.33% of housing units are renter occupied.

12.60% are vacant.

Commute

Car
80.02%
Public Transportation
2.85%
Walk to Work
3.83%
Work from Home
12.87%
Other
0.43%

The median travel time to work is 24 minutes.

People

Population
9,187
Median Age
39.50
Median Household Size
2.57

Education

High School
37.01%
Associate’s Degree
6.42%
Bachelor’s Degree
7.53%
Graduate Degree
4.44%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Veterans United Homefront

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last Updated: December 26, 2024 11:24 am.

Copyright © 2024 Veterans United Realty and Did You Serve, LLC. Homefront.com is NOT affiliated with any government agencies, including the VA. Homefront.com is a service of Did You Serve, LLC. Veterans United and the Veterans United House logo are registered trademarks of Mortgage Research Center, LLC, used under license agreement. Terms of Use.

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