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$189,900
Est. payment /mo
5 Beds
3 Baths
1,788 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 1,788 sqft
Price per Sqft $106
MLS Listing ID 57050218201
Bedrooms 5
Full Baths 3
Year Built 1923
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type MultiFamily
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
Area Area06122Monroe
Interior
Heating Forced Air, Natural Gas, Separate Meters, Wall Furnace
Fireplace No
Exterior
Parking Features TwoCarGarage, Detached
Garage Spaces 2.0
View Y/N No
Building
Foundation Basement, Stone
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Monroe
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
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Listed by Charles Lemerand of Coldwell Banker Haynes R.E. in Monroe
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