Great Investment Opportunity in Monroe! This duplex offers an excellent opportunity for investors or owner-occupants looking to offset their housing costs with rental income. Both units are currently occupied, providing immediate income potential. One tenant has been in the property for an impressive 14 years and has a signed lease,… Read More while the second unit is currently month-to-month, offering flexibility for an investor or buyer who may want to make future changes to the tenancy. The property has been thoughtfully updated over the years, including furnaces approximately 6 and 12 years old, hot water heaters approximately 6 and 8 years old, updated flooring, newer windows approximately 8 years old, and new exterior doors. One side also features a beautifully remodeled full kitchen. Whether you're looking to rent both units and build your investment portfolio or live in one unit while renting the other to help offset your mortgage, this duplex offers versatility and opportunity. With long-term rental history, numerous updates, and a convenient Monroe location, this is a great opportunity to add an income-producing property to your portfolio or make owner-occupied living more affordable. Two units. Multiple possibilities. One great investment! Read Less
Courtesy of Real Estate One Monroe, Deborah Lambrix, 734-244-5605.
Listing Snapshot
Days Online
17
Last Updated
Property Type
Multi-Family
Square Ft.
1,092
Lot Size
0.12 Acres
MLS Number
50223639
30 Days Snapshot Of 48161
$165k
-30%
(avg) sold price
4
+33%
homes sold
78
+21%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
1,092 square feet, 2 total units, Built in 1942, Separate heat?: Yes, Style: 1 Story
Foundation
Crawl
Water Features
Public Water
Heating
Natural Gas, Forced Air
Lot
Lot size: 35x150, 0.12 acres
Sewer
Public Sanitary
Taxes
Total amount: $1,039
Unit One
Occupied status: Yes
Unit Two
Occupied status: Yes
Unit Five
Bedroom 2 width: 35
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