231 W 7th Street, Monroe, MI 48161

$129,900
  • 231 W 7th Street, Monroe, MI 48161 Main Photo

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Pending
BEDS3 BATHS2 full SQUARE FEET1,630 MLS#50213050
STATUSPending PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONCurtis Wilson - Monroe City SCHOOLMonroe Public Schools

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.

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 $129,900. W 7th Street is located within the Monroe Public Schools school district. Search Monroe real estate on www.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Block
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: 101
Exterior: Aluminum
Exterior: Porch, Exterior Balcony
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

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

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Estimated Payment

$ 1,097.34 per month $726.62 Principal & Interest $332.83 Property Tax $37.89 Homeowner's Insurance

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