15-Unit Apartment
3844 12th St Ecorse, MI 48229
3844 12th St, Ecorse, MI, 48229
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For Sale
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15-unit multifamily property with recent interior and exterior enhancements, plus current annual rent revenue and NOI provided.
Property Size9,750 SF
Price / SF$25.64
Days on Market113
Property Features for 3844 12th St
General Information
- Standard status
- Active
- Size
- 9,750 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1965
Listing agency
Landmark Commercial Real Estate Services
(248) 488-2620
Listed by
Eli Neuman · License #6501456898
Source
Crexi
Added: Mar 31 Updated: Jul 21 at 2:23PM Checked: Jul 21 at 2:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Landmark Commercial Real Estate Services
Investment Insights
Based on property information with market context.
Roseridge Apartments is a 15-unit apartment complex with each unit listed at 600 square feet and varying monthly rental income. The property has undergone recent enhancements, including new flooring, carpet replacements, and roof resealing. Current financial figures provided include annual rent revenue of $117,600 and net operating income of $78,007.
The property is located at 3844 12th St in Ecorse, Michigan. The seller notes the area is a high-density market, with population exceeding 200,000 within a 5-mile radius. An immediate opportunity is described as leasing the final vacant unit and adjusting rental rates to align with market trends.
The property is located at 3844 12th St in Ecorse, Michigan. The seller notes the area is a high-density market, with population exceeding 200,000 within a 5-mile radius. An immediate opportunity is described as leasing the final vacant unit and adjusting rental rates to align with market trends.
Key Highlights
- 15‑unit apartment complex at 3844 12th St, Ecorse, MI 48229
- Built in 1965; each unit is 600 SF with varying monthly rental income
- Recent enhancements include new flooring, carpet replacements, and roof resealing
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FAQs
What type of property is this?
Apartment building - 15-unit multifamily property with recent interior and exterior enhancements, plus current annual rent revenue and NOI provided.
Where is this apartment building located?
The property is located at 3844 12th St Ecorse, MI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 15‑unit apartment complex at 3844 12th St, Ecorse, MI 48229; Built in 1965; each unit is 600 SF with varying monthly rental income; Recent enhancements include new flooring, carpet replacements, and roof resealing
