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.
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.
Open House:
Saturday, 1/11 2:00-4:00PM
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.
The median home value in Monroe, MI is $183,600. 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 $183,600. 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 48162 has a population of 20,344. Monroe 48162 is less family-centric than the surrounding county with 24.51% 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 48162 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 48162 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.