$184,900
818 E 1st Street Monroe, MI 48161
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$184,900
Est. payment /mo
6 BD
4 BA
1,993 SqFt
Price Dropped by $5K
818 E 1st Street Monroe, MI 48161
UPDATED:
10/16/2024 05:12 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,993 sqft
Price per Sqft $92
Subdivision Mi
MLS Listing ID 50154864
Style Quad-Level
Bedrooms 6
Full Baths 4
Year Built 1895
Annual Tax Amount $1,581
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 100x135
Property Description
Welcome to this versatile 4-unit multi-family property, perfectly suited for both investors and owner-occupants. Each unit offers its own unique features and potential, making this an ideal addition to your real estate portfolio. 2 of the 4 units are currently occupied! Property Highlights: • Unit 1 & 2: These well-maintained units come with convenient washer and dryer hookups, providing added value and comfort for tenants. Each unit benefits from separate gas and electric meters, offering individual control over utility expenses. • Unit 3 & 4: Enjoy the simplicity of shared water and heating systems, with the added benefit of a cohesive layout. • Basement: A spacious basement provides additional storage options and potential for future improvements or expansion. • Utility Details: While water is metered centrally, Units 1 & 2 have their own gas and electric meters, which can streamline management and billing. This property is ideally located in a desirable neighborhood, offering easy access to local amenities and transportation. With a solid rental history and the potential for steady income, it presents a great opportunity for investors looking to maximize returns. Don’t miss out on this rare find—schedule a viewing today to explore all the possibilities this multi-family home has to offer!
Location
State MI
County Monroe
Area Monroe (58026)
Interior
Heating Forced Air
Cooling Window Unit(s)
Fireplace No
Appliance Other-See Remarks, Range/Oven, Refrigerator
Exterior
Waterfront No
Building
Story Quad-Level
Foundation Basement
Water Public Water
Schools
School District Monroe Public Schools
Others
Ownership LLC
SqFt Source Estimated
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by eXp Realty LLC in Monroe
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