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1724 S Custer Road, Monroe, MI 48161

$309,000
  • 1724 S Custer Road, Monroe, MI 48161 Main Photo

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Pending
BEDS0 BATHS4 full SQUARE FEET4,370 MLS#20250033364
STATUSPending PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONWERTENBERGER PLACE - MONROE CITY SCHOOLMonroe

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.

1724 S Custer Road | MLS# 20250033364

This multi-family property located at 1724 S Custer Road, Monroe, MI 48161 is currently listed for sale with an asking price of $309,000. S Custer Road is located within the Monroe school district. Search Monroe real estate on www.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished
Cooling: Central Air
Fenced: Yes
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Duplex, Upper/Lower Apartment
Lot Size: 0.33 Acres
Year Built: 1950

Amenities

Fenced

Feature Descriptions

Architecture: Duplex, Upper/Lower Apartment
Days on Site: 344
Deposit: $90000.00
Exterior: Asphalt, Brick
Foundation: Slab, Basement
Frontage Feet: 120
Lot Dimensions: 0.33 Acre(s)
Road Frontage: Private, Pub. Sidewalk
Summer Tax: $4246.0000
Winter Tax: $3933.0000
Year Remoldeled: 2021

Local Schools

School District: Monroe

Listed By / Shown By

Listed By

Agency Name: RE/MAX Moves
Agency Phone: (734) 785-8549

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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Estimated Payment

$ 1,818.58 per month $1,728.46 Principal & Interest $0.00 Property Tax (data not provided by mls) $90.13 Homeowner's Insurance

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