Sold: Jun 11, 2021
Address
440 N Monroe Monroe, MI
Price
$ 125,000
Property Attributes
  • MLS#40170362
  • TypeCommercial
  • CountyMONROE
  • CityMonroe
  • Zip48162
  • Style
  • Price$ 125,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1955
  • Lot Size4,792 SqFt
Listing Provided Courtesy Of:
Sohi Realty LLC
Data Source:
MiRealSource (MIRS) - 138 - MI
Property Description

Please do not approach Current Tenants for ANY QUESTIONS about Listing. Call our office at 734-272-7965 Fully leased investment property. Very well maintained, remodeled in last 2 years with new flooring, Bathroom, and paint. Dedicated parking spots at the back of property for easy access. Office / Retail leased at $750/mo. Apartment #1 at $550/mo. Apartment #2 at $500/mo. Net operating income above $15,000 as 12% Capitalization Rate. Close to Downtown Business District with easy access to I-75 Hwy and Local Airport. (See Offering Memorandum for details)

Price History
5/5/2021 Listed $129,900

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 48162

Price
AVG $230K
$130K