$305,000

1522 MONROE STREET, Two Rivers, WI 54241

  • 1,485 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1930
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $205/sqft
  • Property List Date Icon Listed 14 days ago

Property Description

Income-producing multifamily/commercial investment opportunity in Two Rivers! Located on a corner lot along the West Twin River, this property offers excellent visibility, river views, and strong potential for investors or owner-occupants. Features include 1800 sqft of commercial/retail space & office area. Ample parking and two upper apartments: a 2BR/1BA and 1BR/1BA, both with in-unit laundry. Commercial space rents for $1,000/month with a 1-year lease. Residential units include Unit A (2BR) at $650/month and Unit B (1BR) at $785/month. Updates include electrical, plumbing, gas lines, and 1BR renovations. Offering an 8% cap rate with strong cash flow potential. Close to shopping, restaurants, marinas, parks, and Lake Michigan beaches.

Listing Status:
Active
Data Last Updated:
July 7, 2026 at 4:53PM
Listing Office:
Shorewest, Realtors : 9205934100
Listing Agent:
Jessica Baeten : 9206194776
MLS ID:
715682675804
  • Basement: FullBlock
  • A/C: Forced Air
  • General: Aluminum/SteelBrickPorch
  • Parking: Outside
  • General: 2 StoryBi-Level
  • Originating MLS: WIREX_RANW
  • School District: Two Rivers
  • County: MANITOWOC
  • Zoning: Commercial000-074-013-8
  • Utilities: Separate Electric Meters
  • Sewer: Municipal WaterMunicipal Sewer
  • Source: WIREX_RANW
  • Exclusions: Tenants Personal Property

This listing courtesy of Jessica Baeten , Shorewest, Realtors

Monthly Payment

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

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