3042 S Custer Rd, Monroe Charter Township, MI 48161
- $299,999
- 5
- BD
- 4
- BA
- 2,530
- SqFt
- List Price
- $299,999
- MLS#
- 57050214766
- Status
- ACTIVE UNDER CONTRACT
- Bedrooms
- 5
- Bathrooms
- 4
- Subdivision
- NONE
Property Description
Turnkey 4-unit investment opportunity offering immediate cash flow and a unique river-view setting on approximately 0.50 acres. Units are available for showings with 48 hr notice. All four units are currently rented, generating $3,295/month in gross rental income, plus additional income from coin-operated laundry. Looking for an owner-occupied investment? Live in one unit while rental income from the other three helps offset your housing expenses when a unit becomes available. Separate gas and electric meters help minimize owner-paid utilities, and parking includes 3 detached garage spaces plus 2 additional enclosed garage spaces. Recent improvements include exterior painting, a remodeled bathroom and sunroom in Apartment 2, vinyl plank flooring, and fresh paint. One long-term tenant currently assists with lawn care, snow removal, and routine light maintenance in exchange for below-market rent, offering future income upside.
Additional Information
- Year Built
- 9999
- Acres
- 0.50
- Acres
- 0.50
- School District
- Monroe
- Heating
- Forced Air, Natural Gas, Separate Meters
- Garage Spaces
- 5
- Garage Description
- Detached
- Waterfront Description
- River
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Courtesy of Wiens And Roth Real Estate - Lambertville 7347770490
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