Great investment income with this 2 unit duplex. Both units are presently leased and both units have long-time renters. Landlord provides water, sewer & garbage pickup & utilities are separate for each unit. Located in the City of Monroe & near downtown, grocery stores, highways and restaurants. Take advantage of walks to the park and walking distance to all the activities downtown.
Who do you know that has thought about becoming an investor? Look no further. Now with new Conventional guidelines, you could even live in one unit & rent out the other for only 3-5% down! New Roof in 2018, new Vinyl Siding in 2017 & new Water Heater in 2020, newer Wallside Vinyl Windows, plus all the appliances stay (Washer/Dryer hookups are there). READY TO RENT & LIVE IN NOW! Current seller was getting $1000 for the entry level unit last year, which included water, gas, garbage & 1 parking spot in back. Upper unit rented for $650. Also included water, gas, garbage & the other parking spot in back. There is also street parking available in front. Right Downtown Monroe! Short walk across the street to The Raisin River, parks, boating/fishing, restaurants, shopping, etc. Close to the hospital too! Schedule a showing now to view a piece of Monroe's history. The property used to be the pharmacy!
Location, Location, Location. Two Family Home in nice quiet neighborhood. Kitchens have Refrigerators and Stoves Included. Washer and Dryer in Basement stay. Hot Water Heater 2022, New Sewerline 2-3 Years old. Roof on House 2015, 2 Separate Furnaces, and 2 Electric Meters. 1st Floor Freshly Painted. Family Room listed on 1st floor is a sitting Room with Lots of Windows. All original Woodwork. Hardwood floors under most of the carpet. Walk Up attic. 2 car Detached Garage. This is a must see.
This 4-unit multi-family property is ideal for investors or owner-occupants!� Two units are currently occupied.� Units 1 & 2 feature washer and dryer hookups and have separate gas and electric meters� Units 3 & 4� share water and heating systems. Unit# 2 is on a 1 year lease at 650 per month. Unit#4 is currently renting at 560 per month and has occupied the unit for over 20 years. The property includes a spacious basement for storage or potential expansion. Water is metered collectively. Schedule� a showing today! BTVAI
Full Brick Ranch triplex located with-in minutes of I-75, restaurants and parks. There is a beautiful back yard, each unit has their own shed and outside area to enjoy.
Great duplex for investor income with 3 bedrooms downstairs and 2 bedrooms upstairs. Price is amazing with a little update to make a great property. 1st floor high ceilings with ceiling fans. Each unit has refrigerator and stove. 1st floor has small room after kitchen going to back deck. Fence in yard with shed, has outside basement steps. Small room between kitchen and bedroom that has doorway to basement, steep stairs. Basement has washer and dryer already hookup. Both apartments water heaters are in basement. Furnace for 1st floor apartment in basement. 2nd floor apartment furnace is in kitchen closet. Separate utilities, water, electric and gas, each apartment pays their own utilities. Outside steps for 2nd floor apartment, also steps for 2nd floor apartment is still in 1st floor apartment, drywalled in living room. All pictures are in system, both apartments need updated, and price reflects.
Well maintained 2 story rental units with maintenance man occupying basement apartment. Unit 2 rented out to same long term tenants on month to month basis. Off street parking in driveway in front and parking area in back off alley. Separate entrances to all 3 units. Within short walking distance to downtown Monroe.
It is a fantastic investment property. Rent all 3 units out or live in one and rent the others. So many options. Beautifully maintained and spacious units. 3 car garage, full basement shared access for main floor units, upper unit access from outside. Huge lot. Upper unit has a large attic for storage. Unit 1: Main floor: 2 bedrooms, 1.5 baths. Unit 2: Upper: 2 bedrooms. Unit 3: Main Floor living space with 1 bath
The median home value in Monroe, MI is $217,000. This is higher than the county median home value of $209,200. The national median home value is $338,100. The average price of homes sold in Monroe, MI is $217,000. Approximately 62.9% of Monroe homes are owned, compared to 30.8% rented, while 6.29% are vacant. Monroe real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Monroe real estate agent to arrange a tour today!
Monroe, Michigan has a population of 20,344. Monroe is more family-centric than the surrounding county with 28.74% of the households containing married families with children. The county average for households married with children is 27.13%.
The median household income in Monroe, Michigan is $53,644. The median household income for the surrounding county is $68,006 compared to the national median of $69,021. The median age of people living in Monroe is 37.9 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 18.1 degrees. The average rainfall is approximately 34.4 inches per year, with 37.4 inches of snow per year.