NOT LISTED FOR SALE

6 E Rockwood Ave Ecorse, MI 48229

Estimated Value: $224,000 - $315,000

Studio
-- Bath
-- Sq Ft
4,356 Sq Ft Lot

Last Sold September 17, 2024

Last sale price $250,000

Est. 4% increase in value since last sale

Current estimated payment $1,878/month

23 Days on Market

Highlights

  • Corner Lot: Yes
  • Forced Air Heating System
  • 4-minute walk to East Glenwood Park
  • Window Unit Cooling System

About This Home

As of September 2024

Outstanding Investment Opportunity in Ecorse, Michigan! This well-maintained FOUR-UNIT multifamily features a spacious Two-bedroom w/ One-full bath_ ( EACH UNIT IS THE SAME) . With long-term, reliable tenants already in place, this property ensures stable income and minimal turnover. Boasting an impressive 15% return on investment cap rate, this is a prime chance to enhance your portfolio. Located in the vibrant city of Ecorse, this FOUR-UNIT combines profitability with peace of mind. Property is situated just a couple blocks west of Detroit-River. ..........................DO NOT DISTRUB TENANTS.

Last Agent to Sell the Property

Jeffrey Brikho

Brikho Properties License #6502416312 Listed on: 08/03/2024

Last Buyer's Agent

Jeffrey Brikho

Brikho Properties License #6502416312 Listed on: 08/03/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 4,443 Sq Ft Lot
  • Lot Dimensions are 49x88x48x93
  • Corner Lot: Yes

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Paved Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for water, sewer

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

4,443 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1927
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 49x88x48x93
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Water: Yes
  • Lot Description:Corner Lot: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • List Price: 249900.0
  • Lot Features: Sidewalk, Corner Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Other
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Available, Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Dimensions: 49x88x48x93
  • Lot Size Sq Ft: 4443.0

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electric, Gas

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 8905.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2024
Closed on
Sep 17, 2024
Sold by
Strategic Realty De 2 Llc
Bought by
Strategic Realty De 2 Llc
Seller's Agent
Jeffrey Brikho
Brikho Properties
Buyer's Agent
Jeffrey Brikho
Brikho Properties
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%
Views
26
Current Estimated Value
$260,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,667
Avg. Annual Appreciation
2.77%
Original Mortgage
$906,000
Interest Rate
6.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2020
Sold by
Harrison Bruce A
Bought by
Montaser Abdulsamed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.2%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Strategic Realty De 2 Llc $390,000 Vital Title
Strategic Realty De 2 Llc $390,000 Vital Title
Montaser Abdulsamed $140,000 Ata National Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Strategic Realty De 2 Llc $906,000
Previous Owner Montaser Abdulsamed $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2024 09/17/24 Sold $250,000 0.0% --
08/26/2024 08/26/24 Pending -- -- --
08/03/2024 08/03/24 For Sale $249,900 -- --
Source: MichRIC

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,824 $140,800 $0 $0
2024 $3,448 $129,400 $0 $0
2023 $3,282 $110,500 $0 $0
2022 $7,955 $89,200 $0 $0
2021 $6,650 $68,300 $0 $0
2019 $6,438 $50,200 $0 $0
2018 $2,304 $51,800 $0 $0
2017 $7,905 $50,100 $0 $0
2016 $6,252 $48,600 $0 $0
2013 $7,240 $73,800 $0 $0
2012 $3,231 $77,400 $3,600 $73,800
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Brikho

    Seller's Agent in 2024

    Jeffrey Brikho

    Brikho Properties

    (248) 237-4742

    5 in this area

    93 Total Sales

    Jeffrey Brikho
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Map

Source: MichRIC

MLS Number: 24040304

MichRIC

APN: 34-004-07-0045-001

Michigan Wayne County Ecorse 48229

6 E Rockwood Ave, Ecorse, MI

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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