3804 18Th St Ecorse, MI 48229
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.