Monroe, MI 48161
MLS# 50218201
Investor opportunity with three occupied rental units generating $2,300/month! The property includes a two-story duplex with upper and lower units plus a separate one-bedroom home and detached two-car garage. Current rents are $900 lower, $800 upper and $600 for the one-bedroom home, totaling $27,600 annually. Tenants pay all utilities except water. Improvements include siding on the duplex in 2022 and one-bedroom home in 2016, sewer line repair in 2019, replacement windows and doors, and a newer garage door. Offered at $189,900, this is a great opportunity to add an established income-producing property to your portfolio. The duplex could also be easily converted to a single family home.
Listed by Charles Lemerand · Coldwell Banker Haynes R.E. in Monroe
Estimate only — principal & interest, no taxes or insurance. Rates change daily; confirm with your lender.
$960/mo
$37,980 down · $151,920 financed
Listing information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Listings are provided courtesy of the participating listing broker. This information is believed accurate but is not warranted and all measurements and calculations are approximate.
