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Listed price in listed location currency (USD).
$116,000

220

MLS® 57050223639

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 1092 sqft
Garage 
Taxes $1,039
Days Active 0
Lot Size 0.12 Acres
Approx. Age 1942
Avg. Price Per Sqft $106
MLS® Number 57050223639

Property Address: 1636 Peters Street, Monroe, MI, 48161

Average square foot calculated using Size range provided by listing agent.

Description

Great Investment Opportunity in Monroe! This duplex offers an excellent opportunity for investors or owner-occupants looking to offset their housing costs with rental income. Both units are currently occupied, providing immediate income potential. One tenant has been in the property for an impressive 14 years and has a signed lease, while the second unit is currently month-to-month, offering flexibility for an investor or buyer who may want to make future changes to the tenancy. The property has been thoughtfully updated over the years, including furnaces approximately 6 and 12 years old, hot water heaters approximately 6 and 8 years old, updated flooring, newer windows approximately 8 years old, and new exterior doors. One side also features a beautifully remodeled full kitchen. Whether you're looking to rent both units and build your investment portfolio or live in one unit while renting the other to help offset your mortgage, this duplex offers versatility and opportunity. With long-term rental history, numerous updates, and a convenient Monroe location, this is a great opportunity to add an income-producing property to your portfolio or make owner-occupied living more affordable. Two units. Multiple possibilities. One great investment!
MLS® Number57050223639
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1942
Basement
Driveway
Garage Spaces
HeatForced Air, Natural Gas, Separate Meters
A/C

Extras

Home Estimate Zoopraisal®

This property is estimated to sell between: $116,000 and $120,000.
Similar properties in this area sold on average for: $118,200
Expect to pay over asking. 80% of similar properties sold for more than the asking price.
Expected to sell in 89 days. Similar properties sold in 89 days. This home has been on Zoocasa for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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