Monroe, MI 48162
MLS# 50201871
Unique opportunity to own a piece of Monroe history—the original Woodland Farms homestead! This multi-unit property features a stand-alone 3 bedroom, 1 bath home with full basement (Unit 6) plus five additional rental units. Units 1–3 offer full basements, while Units 4 & 5 provide convenient single-floor living. Units 1–5 have been recently updated with paint, flooring, kitchens, and bathrooms. Separate heating and electric for all units with shared water expenses. All units include washer/dryer hook ups with Units 4 & 5 sharing a utility room. Property also includes four garage spaces with an attached enclosed office area for additional rental or storage opportunities. The original 38x175 dairy barn with loft features new metal siding and an updated roof. Significant income potential awaits your imagination: storage, event center, housing or possible recreational rental facility. Peaceful setting with views of the River Raisin in front and open farmland behind. Direct access to the newly extended Heritage Bike Trail from the front of the property. Excellent owner-occupant or income investment opportunity.
Listed by Erika Baehr · Coldwell Banker Haynes R.E. in Monroe
Estimate only — principal & interest, no taxes or insurance. Rates change daily; confirm with your lender.
$3,029/mo
$119,800 down · $479,200 financed
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