1724 S CUSTER RD Active Save Request In-Person Tour Request Virtual Tour
Monroe,MI 48161
$ 309000
- Bed
4 Baths
4370 SqFt
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Rent
Square Footage 4,370 sqft
Subdivision Wertenberger Place - Monroe City
MLS Listing ID 20250033364
Style Duplex,UpperLowerApartment
Full Baths 4
Year Built 1950
Lot Size 0.330 Acres
Property Sub-Type MultiFamily
Property Description
Multifamily opportunity! If you are looking for some positive, easy, and passive income, this is the place for you. There are 3 apartments that are currently rented and under lease. Each apartment is a month to month lease and buyer will assume all tenant's rights. Current tenants have always paid on time. Property is managed by seller. On ground level, there is also a large office space that has 4 rooms, 1.5 baths, and a lobby. This office space can be reverted back into a 4 bedroom apartment giving the new buyers more income revenue (about $2000.00). This property offers a strong investment potential in a neighborhood that has already seen significant revitalization and is posed for on going growth. The property has a larger parking lot for 12 parking spaces for tenant and office parking. Seller is motivated to sell but will not take low offers. Come bring your new buyers and/or investor for an opportunity that will result in immediate income!
Location
State MI
County Monroe
Area Area06122Monroe
Interior
Heating ForcedAir, NaturalGas
Cooling CentralAir
Exterior
Exterior Feature Balcony
Fence Fenced
Pool None
Community Features Sidewalks
Utilities Available AboveGroundUtilities
View Y/N No
Roof Type Asphalt
Building
Foundation Basement, Block, Slab
Sewer PublicSewer
Water Public, SeparateMeters
New Construction No
Schools
High Schools Monroe
School District Monroe
Others
Acceptable Financing Cash, Contract, Conventional, FHA, FHA203K, Trade1031Exchange
Listing Terms Cash, Contract, Conventional, FHA, FHA203K, Trade1031Exchange
Special Listing Condition ShortSaleNo, Standard