231 W 7th Street, Monroe, MI 48161
231 W 7th Street, Monroe, MI 48161
231 W 7th Street, Monroe, MI 48161
231 W 7th Street, Monroe, MI 48161
231 W 7th Street, Monroe, MI 48161
231 W 7th Street, Monroe, MI 48161
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$ 179,900
Est. payment | /mo

3 Beds

2 Baths

1,630 SqFt


Save
$ 179,900
Est. payment | /mo
Save

3 Beds

2 Baths

1,630 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,630 sqft

Price per Sqft $110

Subdivision Mi

MLS Listing ID 50213050

Style 2 Story

Bedrooms 3

Full Baths 2

Year Built 1903

Annual Tax Amount $3,994

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 6098.4 Sq Feet

Property Sub-Type Multi-Family

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 Monroe (58026)

Rooms

Basement Block

Interior

Heating Forced Air

Cooling Ceiling Fan(s)

Fireplace No

Appliance Range/Oven, Refrigerator

Exterior

Exterior Feature Aluminum

Building

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Aluminum

Schools

School District Monroe Public Schools

Others

Ownership LLC

SqFt Source Public Records

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by BND Realty

Schools and Properties Nearby

David Godin

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(586) 416-0600

davidgodin@hotmail.com

101 W Big Beaver Rd, Troy, MI, 48084, USA

Learn More About LPT Realty

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231 W 7th Street