new - 6 days on rocket

38 E Westfield St, Ecorse, MI, 48229

$425,000

Home List Price

$5,047*

Closing Credit

6 Full Baths
768 SqFt
$553/SqFt
Multi

Location

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38 E Westfield St, Ecorse$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1925
HeatingForced Air, Natural Gas
BasementYes
MLS #20240091254
Lot Size0.09 Acres
StatusActive

About 38 E Westfield St

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1925
  • Living Area: 768 SqFt

Listing Office:

  • Office Name: Keller Williams Somerset, Keller Williams Paint Creek
  • Office Phone: (248) 649-7200, (248) 609-8000
  • Listing Agent: Joseph Hammel, Matthew Bahoura

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 6

Exterior Features

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: West Jefferson to Westfield; East on Westfield.

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000
  • Price Per SqFt: $553/SqFt

Tax Information:

  • Annual Amount: $922
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Ecorse, MI.

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Ecorse, MI

City

Med. Sold Price

$88.4K

Med. Price/SqFt

$73

Avg. Days On Market

18

# of Sold Homes

4

38 E Westfield St vs Ecorse

6 DAYS ON ROCKET

-12 Days

$425,000

+$336.5K More

$553/SqFt

+$480 More

KEY TAKEAWAY

This property is $336.5K more than the Median Sold Price and $480/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: #20240091254

Listing Office:

  • Office Name: Keller Williams Somerset, Keller Williams Paint Creek
  • Office Phone: (248) 649-7200, (248) 609-8000
  • Listing Agent: Joseph Hammel, Matthew Bahoura

IDXDisclaimer: 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.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:56:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$922$12,000
2020$907$10,400
2018$907$6,900
2017$925$7,200

History based on county public records data.

Payment Calculator

$2,189

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

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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.

Nearby Schools

school-card-donut-4303053
1
/10

  • Ralph J. Bunche Academy

  • 503 Hyacinthe St

  • 0.99 miles

  • Public District Grades PK-3

school-card-donut-4303054
2
/10

  • Ann Visger Elementary School

  • 11121 W Jefferson Ave

  • 1.16 miles

  • Public District Grades PK-5

school-card-donut-4303055
2
/10

  • Raupp Elementary School

  • 1351 Ethel Ave

  • 1.28 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,250. The majority of Ecorse, MI residents have income less than $35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Ecorse›48229›38 E Westfield St

This home is located at 38 E Westfield St in Ecorse, MI and zip code 48229. This 768 square foot home, which was built in 1925, sits on a 0.09 acre lot. Features: 6 bathrooms. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $425,000.

Over 1 listings were sold over their listed price in November 2024 in Ecorse, MI. In the same period over 3 listings were sold below the listed price and 0 listings were sold for the listed price. Between October 2024 and November 2024, Ecorse, MI real estate market has seen increase in the number of listings 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.

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