$309,000

1724 S Custer Road, Monroe, MI 48161

  • 4 baths |
  • 4,370 sqft
  • Property Icon Duplex
  • 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 10 months ago

Property Description

Multifamily opportunity! If you are looking for some positive, easy, and passive income, this is the place for you. There is 1 apartment that is currently rented and under lease. Each apartment is a month to month lease and buyer will assume all tenant's rights. New tenant moving in on April 1, 2026 in the one bedroom with rent of $690. 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! Licensed real estate agent must be on site with buyer(s) during all showings. Lockbox is located on the east side of the building on the front office door. BATVAI PLEASE RESPECT ALL TENANTS DURING SHOWINGS AS TENANTS ARE UNDER CURRENT LEASES. Tenants need 48 hours for all showings. Continent on release of previous contract.

Listing Status:
Active
Date Added:
May 8, 2025
Data Last Updated:
April 2, 2026 at 7:48PM
Listing Office:
RE/MAX Moves : 734-785-8549
Listing Agent:
Jeffrey Menzer : 734-925-3444
MLS ID:
60392386
  • Basement: Block
  • A/C: Central Air
  • Heating: Forced Air
  • General: Balcony
  • Other Structures: Porch
  • General: AsphaltBrickOneBasementSlab
  • Road/Access: Private Road
  • Originating MLS: MiRealSource
  • School District: Monroe Public Schools
  • County: Monroe
  • Zoning: WERTENBERGER PLACE LOTS 67 AND 68
  • Fencing: Fenced
  • Water: Public
  • Source: MiRealSource

This listing courtesy of Jeffrey 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.