$309,000

1724 S CUSTER Road, Monroe, MI 48161

  • 4 baths |
  • 4,370 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon0.33acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $71/sqft
  • Property List Date Icon Listed 7 months ago

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!

Listing Status:
Active
Listing Office:
RE/MAX Moves : 7347858549
Listing Agent:
Jeffrey A Menzer : 7349253444
MLS ID:
20250033364
  • Basement: PartialUnfinished
  • A/C: Central air
  • Heating: Forced airNatural gas
  • General: Balcony
  • Style: DuplexUpper lower apartment
  • Other Structures: EnclosedPorch
  • Pool: None
  • Parking: Parking spaces: 12
  • Roofing: Asphalt
  • General: AsphaltBrickOneBasementBlockSlab
  • Road/Access: Private road
  • Originating MLS: Realcomp II Ltd
  • School District: Monroe
  • County: Monroe
  • Zoning: WERTENBERGER PLACE LOTS 67 AND 6858551900980000
  • Fencing: Fenced
  • Utilities: Above ground utilities
  • Water: PublicSeparate meters
  • Sewer: Public sewer
  • Source: Realcomp II Ltd

This listing courtesy of Jeffrey A Menzer, RE/MAX Moves

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Waterloo Elementary School

1933 S Custer Rd, Monroe, MI, 48161

Grades PK-6

0.24 miles away

M

Monroe High School

901 Herr Rd, Monroe, MI, 48161

Grades 8-12

0.80 miles away

M

Monroe High School

901 Herr Rd, Monroe, MI, 48161

Grades 8-12

0.80 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.