$235,000

37 W Woodward Avenue, Ecorse, MI 48229

  • 1,500 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1929
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $157/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

INVESTMENT PORTFOLIO SALE - TWO FULLY LEASED DUPLEXES - PACKAGE PRICE $235,000.Includes 37 W Woodward Ave and 3918 High St in Ecorse, both fully occupied with strong tenants and immediate cash flow. Portfolio totals four rental units with a combined monthly income of approximately $4,763 and annual gross income of approximately $58,304. Current NOI is approximately $43,381, offering an exceptional cap rate with upside potential.37 W Woodward features two 2-bedroom units renting for $900 and $1,000 per month. 3918 High St features two 3-bedroom units renting for approximately $1,500 and $1,363 per month. Both properties include separate basements, individual utilities, and consistent tenant payment history.Properties must be sold together; the seller will not separate them. Financials, rent roll, and supporting documentation are available after NDA execution. Showings only after an accepted Letter Of Intent (LOI)-. DO NOT DISTURB TENANTS.

Listing Status:
Active
Data Last Updated:
May 20, 2026 at 7:45PM
Listing Office:
Brikho Properties : 248-835-2303
Listing Agent:
Jeffrey Brikho : 248-237-4742
MLS ID:
70525062
  • Heating: Forced Air
  • General: BrickWood SidingBasement
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • County: Wayne
  • Zoning: 496D8B 496E40B THAT PART OF LOT 8 DESCRIBED AS BEGINNING AT A POINT ON THE N LINE OF SAID LOT DISTANT S 74D 49M E 35.0 FT FROM THE NW CORNER OF LOT 8 AND PROCEEDING TH S 74D 49M E ALONG SAID N LINE 15.15 FT TO THE NE CORNER OF LOT 8 TH S 29D 37M W AL ONG THE ELY LINE OF SAID LOT 60.78 FT TH N 15D 11M E 58.86 FT TO THE POB LAFFERTY AND HEIDE SUBDVN OF PART OF PC 496 LYING SOUTH OF SALLIOTTE ROAD AL
  • Source: MiRealSource

This listing courtesy of Jeffrey Brikho , Brikho Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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