$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 13 hours 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:
April 15, 2026 at 6:45AM
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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Location

Schools Nearby

G

Grandport Academy

4536 6th St, Ecorse, MI, 48229

Grades 4-8

0.75 miles away

D

Downriver Digital Academy

27225 W Outer Dr, Ecorse, MI, 48229

Grades 6-12

0.36 miles away

E

Ecorse Community High School

27385 W Outer Dr, Ecorse, MI, 48229

Grades 9-12

0.23 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.