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$ 189,900
Est. payment | /mo
3 Baths
9,583 Sqft Lot
$ 189,900
Est. payment | /mo
3 Baths
9,583 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Monroe City
Subdivision Monroe City
MLS Listing ID 50218201
Year Built 1923
Lot Size 9,583 Sqft
Acres 0.22
Lot Dimensions 171x110x171
Source MiRealSource
Property Description
Investor opportunity with three occupied rental units generating $2,300/month! The property includes a two-story duplex with upper and lower units plus a separate one-bedroom home and detached two-car garage. Current rents are $900 lower, $800 upper and $600 for the one-bedroom home, totaling $27,600 annually. Tenants pay all utilities except water. Improvements include siding on the duplex in 2022 and one-bedroom home in 2016, sewer line repair in 2019, replacement windows and doors, and a newer garage door. Offered at $189,900, this is a great opportunity to add an established income-producing property to your portfolio. The duplex could also be easily converted to a single family home.
Location
State MI
County Monroe
Direction W
Interior
Heating Forced Air, Wall Furnace
Exterior
View Y/N No
Building
Structure Type Stone
Others
Tax ID 55 39 00595 000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Coldwell Banker Haynes R.E. in Monroe
Nearby Locations
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