$215,000
SOLD JAN 6, 2025

9 Salliotte Rd Ecorse, MI 48229

4 Beds
4 Baths
2,462 Sq Ft
0.26 Acres

Recently Sold

$87 Per Sq Ft

2% Below List Price

67 Days on Market

About This Home

As of January 2025

Prime investment opportunity just moments away from the vibrant Detroit Riverfront! This fully occupied 4 unit apartment building is not only a steady source of rental income but also brimming with potential for future growth. With space available to add two additional units or convert into a retail space, this property offers unparalleled flexibility for increasing your return on investment. Situated in a rapidly developing area with high demand, it’s an ideal choice for savvy investors looking to capitalize on the growth of one of Ecorse’s most sought after neighborhoods.

Last Agent to Sell the Property

Haitham Garallah

Keller Williams Legacy License #6501452103

Keller Williams Legacy

Last Buyer's Agent

Kay Ready

Epique Realty License #6502431020

Epique Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 96.20 x 116.00

Parking

  • 24 Parking Spaces

Home Design

  • Duplex
  • Block Foundation
  • Masonry

Interior Spaces

  • 4 Full Bathrooms
  • 2,462 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 34006070100000

Community Details

Overview

  • 4 Units
  • Welch Bros Riverside Park Sub Subdivision

Pet Policy

  • The building has rules on how big a pet can be within a unit

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1975
  • State Equalized Value: 56000.0000
  • Pets Allowed: Size Limit
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2462
  • Total Sq Ft: 2462
  • Sq Ft Total Bsmt: 1231

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Block/Concrete/Masonry
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Total Parking Spaces: 24

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Ecorse

Lot Info

  • Lot Size Area: 0.26
  • Lot Dimensions: 96.20 x 116.00
  • Parcel Number: 34006070100000
  • Zoning: Commercial, Multi-Family

Rental Info

  • Rent Includes: Water
  • Monthly Rental Income: 2750

Tax Info

  • Tax Amount Summer: 3223.0000
  • Tax Amount Winter: 3200.0000
  • Total Tax: 6423.0000
  • Taxable Value: 53063.0000

Multi Family

  • Gross Scheduled Income: 33000.00
  • Number Of Units Total: 4
  • Unit Count: 3
  • Number of One Bedroom Units: 4
  • Number Of Units Leased: 4

MLS Schools

  • School District: Ecorse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2024
Closed on
Jan 6, 2025
Sold by
Brothers Future Properties Llc
Bought by
Rios Cecilia
Seller's Agent
Haitham Garallah
Keller Williams Legacy
Buyer's Agent
Kay Ready
Epique Realty
List Price
$219,500
Sold Price
$215,000
Premium/Discount to List
-$4,500
-2.05%
Total Days on Market
67
Views
37
Current Estimated Value
$216,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,076
Avg. Annual Appreciation
1.30%

Purchase Details

Listed on
Jul 29, 2021
Closed on
Sep 15, 2021
Sold by
Alkamano Yousif and Alkamano Gourgia
Bought by
Brothers Future Properties Llc
Seller's Agent
Jack Butris
Real Estate One-Troy
Buyer's Agent
Jack Butris
Real Estate One-Troy
List Price
$125,000
Sold Price
$104,000
Premium/Discount to List
-$21,000
-16.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.70%

Map

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $215,000 V1 Title Agency
Land Contract -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 Land Contract Argmt. Of Sale
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2025 01/06/25 Sold $215,000 -2.1% $87 / Sq Ft
12/15/2024 12/15/24 Pending -- -- --
10/09/2024 10/09/24 For Sale $219,500 +111.1% $89 / Sq Ft
09/22/2021 09/22/21 Sold $104,000 -16.8% $46 / Sq Ft
09/03/2021 09/03/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $125,000 0.0% $55 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
08/03/2021 08/03/21 Price Changed $125,000 -54.5% $55 / Sq Ft
07/29/2021 07/29/21 For Sale $275,000 -- $122 / Sq Ft
Source: Realcomp

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
2024 $3,256 $56,000 $0 $0
2023 $4,643 $75,800 $0 $0
2022 $8,950 $72,100 $0 $0
2021 $6,418 $72,500 $0 $0
2019 $6,214 $74,900 $0 $0
2018 $2,930 $74,500 $0 $0
2017 $5,969 $72,500 $0 $0
2016 $5,896 $79,000 $0 $0
2015 $4,502 $80,800 $0 $0
2013 $4,361 $73,400 $0 $0
2012 $2,252 $70,600 $11,500 $59,100
Source: Public Records

Source: Realcomp

MLS Number: 20240076344

Realcomp

APN: 34-006-07-0100-000