231 W 7th St, Monroe, MI 48161

$124,900
3
BD
2
BA
1,630
SqFt

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List Price
$124,900
MLS#
57050213050
Status
ACTIVE
Bedrooms
3
Bathrooms
2
Subdivision
CURTIS & WILSON - MONROE CITY

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.

Additional Information

Year Built
1903
Basement Type
Block
Acres
0.14
Acres
0.14
School District
Monroe
Appliances
Oven, Refrigerator, Range
Cooling
Ceiling Fan(s)
Heating
Forced Air, Natural Gas, Separate Meters
Exterior Features
Balcony
Garage Description
On Street

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Calculator source: Real Geeks

Courtesy of BND Realty 7347551970

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