231 W 7th Street, Monroe, MI 48161

$129,900
2
BA

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List Price
$129,900
Price Change
▼ $10,000 1787941709
Days on Market
76
MLS#
50213050
Status
ACTIVE
Type
Multifamily
Bathrooms
2

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

Acres
0.14
Heating
Forced Air

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Mitchell Petree from Listing Office: BND Realty.

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