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Listed price in listed location currency (USD).
$309,000

0412

MLS® 20250033364

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 4370 sqft
Garage No
Taxes $8,179
Days Active 261
Lot Size 0.33 acres
Approx. Age 1950
Avg. Price Per Sqft $70
MLS® Number 20250033364

Property Address: 1724 Custer Rd, Monroe, MI, 48161-3501

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

Description

Multifamily opportunity! If you are looking for some positive, easy, and passive income, this is the place for you. There are 3 apartments that are currently rented and under lease. Each apartment is a month to month lease and buyer will assume all tenant's rights. 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!
MLS® Number20250033364
Laundry Level
Central VacNo
FireplaceNo
Acreage0.33
Exterior
GarageNo
Approx. Age1950
BasementPartial, Unfinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

May 8, 2025List Date
$309,000List Price
  • Commute

Commute

Starting Address
Destination Address
1724 Custer Rd, Monroe, MI

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