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40 S MONROE ST Active

Monroe, MI 48161

0

395000 -100%

6 Beds

-1 Bath

6892 SqFt


UPDATED

Key Details

Property Type Commercial

Lot Size 2,178 Sqft

Year Built 1883

Purchase Type For Sale

Listing Status Active

MLS Listing ID 217100223

Price per Sqft $57

Property Description

Beautiful seven cash flowing properties within this building. When fully occupied the monthly rent is $4570. All of the apartments are renovated with modern features. Right on Monroe St. in the City of Monroe in the County of Monroe. Investor opportunity for greater than 10% cap. Extremely accessible to the main highways. All of the apartments are 2 bedroom units with two being over 1,300 sq. ft. each. This price is reflected upon the building being fully occupied. At the moment the commercial storefront is not occupied.

Location

State MI

County Monroe

Subdivision OLD VLG PLAT WEST OF MONROE ST

Interior

Sewage Type Sewer-Sanitary

Water Municipal Water

Hot Water Natural Gas

Heating Packaged Heat/Cool

Building

Foundation Basement

Schools

Elementary Schools Arborwood Elementary School

Middle Schools Monroe Middle School

High Schools Monroe High School

School District Monroe

Others

Tax Amount $3,819

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Listing Provided By Harry M Lee of Berkshire Hathaway Michigan

Nearby School & Properties

79 WALK
SCORE
Very Walkable

Neighborhood DemographicKnow More People Around You

Downtown Realty Downtown Realty

Downtown Realty

Brokerage | License ID: 386963

(313) 466-7253

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