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About the Listing 105641 - 668046
Multifamily opportunity! If you are looking for some positive, easy, and passive income, this is the place for you. There is 1 apartment that is currently rented and under lease. Each apartment is a month to month lease and buyer will assume all tenant's rights. New tenant moving in on April 1, 2026 in the one bedroom with rent of $690. Current tenants have always paid on time. Property is managed by seller. On ground level, there is also a large office space that has 4 rooms, 1.5 baths, and a lobby. This office space can be reverted back into a 4 bedroom apartment giving the new buyers more income revenue (about $2000.00). This property offers a strong investment potential in a neighborhood that has already seen significant revitalization and is posed for on going growth. The property has a larger parking lot for 12 parking spaces for tenant and office parking. Seller is motivated to sell but will not take low offers. Come bring your new buyers and/or investor for an opportunity that will result in immediate income! Licensed real estate agent must be on site with buyer(s) during all showings. Lockbox is located on the east side of the building on the front office door. BATVAI PLEASE RESPECT ALL TENANTS DURING SHOWINGS AS TENANTS ARE UNDER CURRENT LEASES. Tenants need 48 hours for all showings. Continent on release of previous contract.
Listing Highlights
Status
Active
Days on Site
314
Property Type
Multi-Family
MLS ®
60392386
Year Built
1950
Total Square Footage
4,370
Lot/Acreage
0.33
County
Monroe
Neighborhood
Wertenberger Place - Monroe City
Area
Monroe (58026)
School District
Monroe Public Schools
Interior Details
- Bedrooms: 0
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 4370
- Below Ground Sq Ft: n/a
- Basement: Block
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 120.00 x 120.00
- Zoning: Commercial
- Roof:
- Others: Exterior Balcony,Fenced Yard,Porch
- Sewer:
Financial Details
- Tax Amount: $8,179
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
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Questions About..
1724 S Custer Monroe, MI 48161
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