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Property profile & analytics
OFF-MARKET
Commercial real estate

3804 18Th St Ecorse, MI 48229

2,300 SF Built 1945
Property ID
US43-1201157
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully renovated, two-unit apartment building located at 3804 18th St, Ecorse, MI 48229, in Wayne County. The property, built in 1945 and completely renovated in 2024, boasts a total of 2,300 square feet across two stories. Each unit features separate entrances and meters, offering convenience and efficiency for both owners and tenants. Significant upgrades include a new roof, new windows, updated electrical and plumbing systems, brand new flooring throughout, and a fresh coat of paint. Currently vacant, this property is priced at $199,900, or $99,950 per unit, representing a compelling price per square foot of $86.91. The property's recent comprehensive renovation minimizes future maintenance costs and maximizes rental income potential. This turnkey investment is ready for immediate occupancy and offers a strong return on investment. Don't miss this chance to acquire a meticulously updated property in a desirable location. Act quickly; this opportunity won't last long.

Property profile
Verified
Property type Commercial real estate
Year built 1945
Total area 2,300 SF
UPID US43-1201157
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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