Rare investment find in Monroe. Turnkey Duplex (one 3 bdr/1 bath, one 3bdr/2 bath) in Monroe. This place has been fully updated with new leases. Total $1950 rent roll. Has a property manager or manage yourself.
Now is your chance to own a side by side duplex. Live on one side and rent out the other. Both units have been updated. Open concept floor plan, with a spacious bedroom and an attached bathroom. One unit has a garage one has a shed . Shopping and restaurants are close by.
Seller is willing to get creative with the buyers. Bring any & all offers!! 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.
The median home value in Monroe, MI is $206,500. This is lower 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 $206,500. 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.