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Jim Willis

jwillis@millerteamrealtors.com +1(810) 201-6924

$116,000

Est. payment - /mo

2 Beds

2 Baths

1,092 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 1,092 sqft

Price per Sqft $106

Subdivision Consolidated Land Co Inc 1

MLS Listing ID 57050223639

Bedrooms 2

Full Baths 2

Year Built 1942

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type MultiFamily

Property Description

Great Investment Opportunity in Monroe! This duplex offers an excellent opportunity for investors or owner-occupants looking to offset their housing costs with rental income. Both units are currently occupied, providing immediate income potential. One tenant has been in the property for an impressive 14 years and has a signed lease, while the second unit is currently month-to-month, offering flexibility for an investor or buyer who may want to make future changes to the tenancy. The property has been thoughtfully updated over the years, including furnaces approximately 6 and 12 years old, hot water heaters approximately 6 and 8 years old, updated flooring, newer windows approximately 8 years old, and new exterior doors. One side also features a beautifully remodeled full kitchen. Whether you're looking to rent both units and build your investment portfolio or live in one unit while renting the other to help offset your mortgage, this duplex offers versatility and opportunity. With long-term rental history, numerous updates, and a convenient Monroe location, this is a great opportunity to add an income-producing property to your portfolio or make owner-occupied living more affordable. Two units. Multiple possibilities. One great investment!

Location

State MI

County Monroe

Area Area06122Monroe

Interior

Heating Forced Air, Natural Gas, Separate Meters

Fireplace No

Exterior

View Y/N No

Building

Foundation CrawlSpace

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 Deborah Lambrix of Real Estate One Monroe

Nearby School & Business

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Jim Willis

+1(810) 201-6924

Agent Brerms:274322

1636 Peters ST Monroe, MI 48161

Jim Willis

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

Get More Information

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