Welcome to the Investor's Dream Multi-Family Property! This charming 4-unit residence is a true gem that has been meticulously updated and maintained, making it an irresistible addition to your investment portfolio. With a host of recent upgrades, including new carpets, refreshed flooring, a fresh coat of paint, inside and out, and a brand-new roof, this property is a turnkey opportunity that promises both comfort and return on investment. One of the standout features of this property is its consistent compliance with the city's rigorous rental inspection standards. Year after year, this property has passed with flying colors, giving you peace of mind knowing that you're investing in a home that meets the highest quality and safety requirements. Not only does this property offer attractive interior updates, but it also comes with a versatile storage area that was previously a garage. Whether you choose to maintain it as a storage space or restore it to a fully functional garage, the original parts are readily available, providing you with the flexibility to adapt the space to your needs. "Sold As Is".
Property Details
Property Features
Property Information:
Architectural Style: Other
Year Built: 1924
Living Area: 1,250 SqFt
Listing Office:
Office Name: EXP Realty LLC
Office Phone: (888) 501-7085
Listing Agent: Deborah Darling
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 4
Exterior Features
Parking Information:
Attached Garage: No
Parking: Paved
Lot Features
Lot Information:
Lot Size: 0.07 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Cooling: Ceiling Fan(s), Window Unit(s)
Price Information
Listing Price Info
Price Summary:
List Price: $206,000
Price Per SqFt: $165/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Ecorse, MI.
This property is $117.5K more than the Median Sold Price and $92/SqFt more than other homes in Ecorse, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240075468
Listing Office:
Office Name: EXP Realty LLC
Office Phone: (888) 501-7085
Listing Agent: Deborah Darling
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,096
Per Month
Principal & Interest
$1,029
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$684
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
1
/10
Ralph J. Bunche Academy
503 Hyacinthe St
Distance between this listing and this school0.86 miles
Public District Grades PK-3
2
/10
Ann Visger Elementary School
11121 W Jefferson Ave
Distance between this listing and this school1.07 miles
Public District Grades PK-5
2
/10
Raupp Elementary School
1351 Ethel Ave
Distance between this listing and this school1.19 miles
Public District Grades PK-6
Nearby Schools
1
/10
Grandport Academy
4536 6th St
Distance between this listing and this school0.82 miles
Public District Grades 4-8
1
/10
Clarence B. Sabbath Middle School
340 Frazier St
Distance between this listing and this school1.50 miles
Public District Grades 6-8
2
/10
Mark Twain School for Scholars
12800 Visger St
Distance between this listing and this school1.73 miles
Public District Grades PK-8
Nearby Schools
3
/10
Ecorse Community High School
27385 W Outer Dr
Distance between this listing and this school0.33 miles
Public District Grades 9-12
10
/10
Downriver Digital Academy
27225 W Outer Dr
Distance between this listing and this school0.45 miles
Public Magnet Grades 6-12
2
/10
Hope Academic Academy
27225 W Outer Dr
Distance between this listing and this school0.45 miles
The neighbors living near this home have an average income of $28,700. Most Ecorse, MI residents have annual incomes less than $35k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
This 1,250 square foot home, which was built in 1924, sits on a 0.07 acre lot. Features: 4 bathrooms. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $206,000.
In November 2024 more than 1 listings in Ecorse, MI were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 3 were sold below. The inventory of homes for sale in Ecorse, MI between October 2024 and November 2024 increased by 19.4%. In November 2024 median list price was $88,450 and the average listing age was 18 days.
From Rocket Homes Real Estate and based on county public records data.