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231 W 7th Street, Monroe, MI 48161

$164,900
  • 231 W 7th Street, Monroe, MI 48161 Main Photo
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Active
BEDS3 BATHS2 full SQUARE FEET1,630 MLS#50213050
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONCurtis Wilson - Monroe City SCHOOLMonroe Public Schools

Property Description

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 opportunity to immediately place tenants at market rents or owner occupy one unit while generating rental income from the other. **Immediate possession means you can begin generating rental income without waiting for existing leases to expire.** Fresh paint, new carpet, and numerous updates make this property move-in and rent-ready. Separate gas and electric meters simplify tenant utility responsibilities. The spacious lower unit includes exclusive access to the full basement, while the upper 2-bedroom unit features an oversized attic offering exceptional storage space.

231 W 7th Street | MLS# 50213050

This multi-family property located at 231 W 7th Street, Monroe, MI 48161 is currently listed for sale with an asking price of $164,900. W 7th Street is located within the Monroe Public Schools school district. Search Monroe real estate on msmantilla.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Block
Basement: Yes
Cooling: Ceiling Fan(s)
Fuel Type: Natural Gas
Heating: Forced Air
Lot Size: 0.14 Acres
Stories: 2.0
Taxes: $3,994
Year Built: 1903

Feature Descriptions

Appliances: Range/Oven, Refrigerator
Days on Site: 32
Exterior: Porch, Exterior Balcony
Exterior: Aluminum
Parking Notes: On Street
Sewer: Public Sanitary
Summer Tax: 2037
Water: Public Water
Winter Tax: 1957

Local Schools

School District: Monroe Public Schools

Listed By / Shown By

Listed By

Agency Name: BND Realty
Agency Phone: 734-755-1970

Shown By

Agent Name: Melissa Selvig-Mantilla
Agent Phone: (616) 856-6161
Agency Title: Key Realty

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Estimated Payment

$ 1,303.33 per month $922.40 Principal & Interest $332.83 Property Tax $48.10 Homeowner's Insurance

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