1724 S Custer Road Monroe, MI 48161
Multifamily opportunity. If you are looking for some passive income, this is the place for you. There are 3 apartments that are currently rented and under lease. There is also a large office space that has 4 rooms, 1.5 baths, and a lobby. The potential income for the office exceeds $2500/month income. One apartment is a 3br, 1 bath (rents $1350/month), one apartment is a 2 br, 1 bath (rents $1100/month), and the last apartment is a 1 bedroom, 1 bath (rents $650/month). The apartments are currently Section 8 income. 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 with over 10 parking spaces for tenant and office parking.
- Property TypeCondo
- NeighborhoodWertenberger Place - Monroe City
- CountyMonroe
- Taxes$7,804
- HOA/Condo/Coop Fees$0
- Days on Site16 Days
- MLS StatusActive
- MLS ID Number20240029024
- Home Size Source Estimated
- Year Built1950
- Lot Size0.33 Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 1724 S Custer Road Monroe, MI 48161
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General Features
- Construction AsphaltBrick
- Sewer Public Sewer
- Number of Stories 2
- Water Public
- Property Sub Type Apartment
- Foundation Slab
- Zoning Commercial
Interior Features
- Heating Forced AirNatural Gas
Exterior Features
- Roof Asphalt
- Fencing Fenced
- Spa No
- Waterfront Property No
- Exterior Perimeter FenceFenced
Community Features
- MLS Area Monroe