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Monroe,MI 48161
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,788 sqft
Price per Sqft $78
Municipality Monroe City
Subdivision Monroe City
MLS Listing ID 50160587
Bedrooms 7
Full Baths 2
Originating Board MiRealSource
Year Built 1883
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 100x150x100x150
Property Description
Prime investment opportunity! TWINPLEX... Live in one unit and rent the other or rent them both! This multifamily property (easily opened back to a single family home) offers excellent income potential in a desirable, centrally located neighborhood. Each unit, (north side unit is 3 bedroom 1 1/2 baths south side unit 4 bedroom 1 1/2 baths) provides spacious layouts with appealing features, ideal for attracting long-term tenants. Just minutes from Monroe's downtown area, residents will enjoy easy access to shops, dining, schools, and parks. With strong rental demand in the area proximity to major highways for commuters, this property is a great addition to any portfolio. Don't miss out on this solid, income-generating asset in a thriving community!
Location
State MI
County Monroe
Area Monroe County - 60
Rooms
Basement Michigan Basement
Interior
Interior Features Ceiling Fan(s)
Cooling Wall Unit(s)
Appliance Dryer,Microwave,Oven,Range,Refrigerator,Washer
Exterior
Exterior Feature Balcony,Fenced Back
View Y/N No
Garage No
Building
Lot Description Sidewalk
Sewer Public
Structure Type Stucco
Others
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan