231 W 7th ST, Monroe, MI 48161
231 W 7th ST, Monroe, MI 48161
231 W 7th ST, Monroe, MI 48161
22
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$169,900
Est. payment /mo
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3 Beds
2 Baths
1,630 SqFt
Active

231 W 7th ST Monroe, MI 48161

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Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 1,630 sqft

Price per Sqft $104

Subdivision Curtis & Wilson - Monroe City

MLS Listing ID 57050213050

Bedrooms 3

Full Baths 2

Year Built 1903

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type MultiFamily

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.

Location

State MI

County Monroe

Area Area06122Monroe

Rooms

Basement Block

Interior

Heating Forced Air, Natural Gas, Separate Meters

Cooling Ceiling Fans

Fireplace No

Exterior

Exterior Feature Balcony

Parking Features OnStreet

View Y/N No

Building

Foundation Basement, Block

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Monroe

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition CorporateRelocation, ShortSaleNo


Realcomp MLS
Listed by Mitchell Petree of BND Realty

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231 W 7th ST