231 W 7th Street, Monroe, MI 48161

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List Price
$129,900
Price Change
▲ $10,000 1790365967
Days on Market
91
MLS#
50213050
Status
ACTIVE
Type
Multifamily
Bathrooms
2

Property Description

BRAND NEW ROOF COMING SOON! New roof to be installed by an Owens Corning Preferred Contractor featuring Black Sable designer shingles, with completion projected by October 15th. Turnkey duplex with projected gross rental income of approximately $23,400 per year ($1,950/month). Both units are vacant, giving the new owner the flexibility to place tenants at market rents or owner-occupy one unit while generating rental income from the other. Fresh interior paint, new carpet, new front doors and numerous updates make this property move-in and rent-ready. Separate gas and electric meters simplify tenant-paid utilities. The spacious lower unit includes exclusive access to the full basement, while the upper 2-bedroom unit features an oversized attic offering exceptional additional storage. Immediate possession available. A great opportunity for an investor or owner-occupant looking for a move-in-ready duplex with a brand-new roof and strong income potential.

Additional Information

Acres
0.14
Heating
Forced Air

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Mitchell Petree from Listing Office: BND Realty.

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