Monroe, MI 48161,1724 S CUSTER Road
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Monroe, MI 48161,1724 S CUSTER Road
Monroe, MI 48161,1724 S CUSTER Road
Monroe, MI 48161,1724 S CUSTER Road
Monroe, MI 48161,1724 S CUSTER Road
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$ 309,000
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1724 S CUSTER Road Monroe, MI 48161

4 Beds

4 Baths

4,370 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex,Upper/Lower Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 4,370 sqft

Price per Sqft $70

Subdivision Wertenberger Place - Monroe City

MLS Listing ID 20250033364

Style Duplex,Upper/Lower Apartment

Bedrooms 4

Full Baths 4

Year Built 1950

Annual Tax Amount $8,179

Lot Size 0.330 Acres

Acres 0.33

Lot Dimensions 120.00 x 120.00

Property Sub-Type Duplex,Upper/Lower Apartment

Source Realcomp II Ltd

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 Monroe

Zoning Commercial

Direction South on Telegraph, west on S. Custer about 10 blocks.

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling Central Air

Fireplace no

Heat Source Natural Gas

Exterior

Exterior Feature Fenced

Garage Spaces 12.0

Roof Type Asphalt

Porch Balcony, Porch - Enclosed, Porch, Enclosed

Road Frontage Private, Pub. Sidewalk

Garage no

Private Pool No

Building

Foundation Slab, Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal), Separate Meters

Architectural Style Duplex, Upper/Lower Apartment

Level or Stories 1 Story

Structure Type Asphalt,Brick

Schools

School District Monroe

Others

Pets Allowed Yes

Tax ID 58551900980000

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Contract, Conventional, FHA, FHA 203K, Trade/Exchange

Rebuilt Year 2021

Listing Terms Cash, Contract, Conventional, FHA, FHA 203K, Trade/Exchange

Financing Cash,Contract,Conventional,FHA,FHA 203K,Trade/Exchange


Realcomp MLS
Listed by Jeffrey A Menzer of RE/MAX Moves
Charles Laird

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

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1724 S CUSTER Road