3042 S Custer

Monroe, MI 48161
  • $299,999

    Price
  • 5

    Bed
  • 4

    Bath
  • 2,530

    SqFt

About the Listing 25555 - 120856236506

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.

Listing Highlights

Status Active With Contingency
Days on Site 69
Property Type Multi-Family
MLS ® 50214766
Year Built 9999
Total Square Footage 2,530
Lot/Acreage 0.5
County Monroe
Neighborhood None
School District Monroe Public Schools

Interior Details

  • Bedrooms: 5
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 2530
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public Water

Exterior Details

  • Garage Capacity: 5 car
  • Lot Dimensions: 65x383
  • Roof:
  • Others:
  • Sewer: Public Sanitary
  • Parking Features: Detached Garage

Financial Details

  • Tax Amount: $4,943
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

Payment Calculator

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3042 S Custer Monroe, MI 48161

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Originating MLS: Southeastern Border Association of REALTORS

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Melanie Lovati

Associate Broker | Innovation RES | Innovation Real Estate Specialists

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