1724 S CUSTER Road Active Save Request In-Person Tour Request Virtual Tour
Monroe,MI 48161
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Monroe City
Subdivision Monroe City
MLS Listing ID 20250033364
Year Built 1950
Annual Tax Amount $8,179
Lot Size 0.330 Acres
Acres 0.33
Lot Dimensions 120.00 x 120.00
Source Realcomp
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 County - 60
Zoning Commercial
Direction South on Telegraph, west on S. Custer about 10 blocks.
Rooms
Basement Slab
Interior
Heating Forced Air
Cooling Central Air
Exterior
View Y/N No
Building
Lot Description Sidewalk
Sewer Public
Water Public
Structure Type Brick
Schools
School District Monroe
Others
Tax ID 58551900980000
Acceptable Financing Cash,Conventional,FHA,Contract
Listing Terms Cash,Conventional,FHA,Contract