Investor opportunity with three occupied rental units generating $2,300/month! The property includes a two-story duplex with upper and lower units plus a separate one-bedroom home and detached two-car garage. Current rents are $900 lower, $800 upper and $600 for the one-bedroom home, totaling $27,600 annually. Tenants pay all utilities except water. Improvements include siding on the duplex in 2022 and one-bedroom home in 2016, sewer line repair in 2019, replacement windows and doors, and a newer garage door. Offered at $189,900, this is a great opportunity to add an established income-producing property to your portfolio. The duplex could also be easily converted to a single family home.
Courtesy: Century 21 Allstar Real Estate Team, Inc
Marianna Deluca
Unit 1 of duplex for rent. 3 bedroom, 2 full bath, lots of closets and storage! Eat in kitchen, large living room, hardwood floors and full finished basement for additional living space with bonus room and full bath. Laundry hookups, central a/c, large yard, extra wide driveway with 2 car detached garage. Tenant is responsible for gas, electric, shared water, maintaining their side of the lawn and snow removal when necessary. Close to downtown, parks, shopping, etc.
Unit 1 of duplex for rent. 3 bedroom, 2 full bath, lots of closets and storage! Eat in kitchen, large living room, hardwood floors and full finished basement for additional living space with bonus room and full bath. Laundry hookups, central a/c, large yard, extra wide driveway with 2 car detached garage. Tenant is responsible for gas, electric, shared water, maintaining their side of the lawn and snow removal when necessary. Close to downtown, parks, shopping, etc.
Great opportunity to own this classic townhouse duplex offering 3 bedrooms, 1.25 bathrooms in each unit. Original wood floors and trim. Each unit also offers a flex room on the upper level that can walk out to the porch roof as well as a 1 car dedicated parking space. Each unit has a finished attic area included in the bedroom count. Each unit also offers a private basement with laundry hookups. Come see what this property can offer you! This property may qualify for seller financing (Vendee). Property was built prior to 1978 potential LBP may exist. Buyers agent to verify all data. Property is located in FEMA flood zone X, which does not currently require flood insurance. Buyer to assume special assessments, IF ANY as well as pay for all title and transfer costs.
Turnkey 4-unit investment opportunity offering immediate cash flow and a unique river-view setting on approximately 0.50 acres. All four units are currently rented, generating $3,295/month in gross rental income, plus additional income from coin-operated laundry. Looking for an owner-occupied investment? Live in one unit while rental income from the other three helps offset your housing expenses when a unit becomes available. Separate gas and electric meters help minimize owner-paid utilities, and parking includes 3 detached garage spaces plus 2 additional enclosed garage spaces. Recent improvements include exterior painting, a remodeled bathroom and sunroom in Apartment 2, vinyl plank flooring, and fresh paint. One long-term tenant currently assists with lawn care, snow removal, and routine light maintenance in exchange for below-market rent, offering future income upside. Units are available for showings with notice.
Courtesy: Wiens And Roth Real Estate - Lambertville
Jennifer MacLeod
Turnkey 4-unit investment opportunity offering immediate cash flow and a unique river-view setting on approximately 0.50 acres. All four units are currently rented, generating $3,295/month in gross rental income, plus additional income from coin-operated laundry. Looking for an owner-occupied investment? Live in one unit while rental income from the other three helps offset your housing expenses when a unit becomes available. Separate gas and electric meters help minimize owner-paid utilities, and parking includes 3 detached garage spaces plus 2 additional enclosed garage spaces. Recent improvements include exterior painting, a remodeled bathroom and sunroom in Apartment 2, vinyl plank flooring, and fresh paint. One long-term tenant currently assists with lawn care, snow removal, and routine light maintenance in exchange for below-market rent, offering future income upside. Units are available for showings with notice.
Turnkey duplex with projected gross rental income of approximately **$23,400 per year ($1,950/month)**. Both units are vacant, giving the new owner the opportunity to immediately place tenants at market rents or owner occupy one unit while generating rental income from the other. **Immediate possession means you can begin generating rental income without waiting for existing leases to expire.** Fresh paint, new carpet, and numerous updates make this property move-in and rent-ready. Separate gas and electric meters simplify tenant utility responsibilities. The spacious lower unit includes exclusive access to the full basement, while the upper 2-bedroom unit features an oversized attic offering exceptional storage space.
Courtesy: BND Realty
Mitchell Petree
Turnkey duplex with projected gross rental income of approximately **$23,400 per year ($1,950/month)**. Both units are vacant, giving the new owner the opportunity to immediately place tenants at market rents or owner occupy one unit while generating rental income from the other. **Immediate possession means you can begin generating rental income without waiting for existing leases to expire.** Fresh paint, new carpet, and numerous updates make this property move-in and rent-ready. Separate gas and electric meters simplify tenant utility responsibilities. The spacious lower unit includes exclusive access to the full basement, while the upper 2-bedroom unit features an oversized attic offering exceptional storage space.
Two 2 bedroom units in a great location. Hardwood flooring, plaster walls, full basement, walk-up attic, attached 1.5 car garage. Excellent income potential.
HUD Home. Welcome to this spacious two-unit home offering incredible potential for multi-family living or rental income! The main unit features 3 generously sized bedrooms with oversized rooms throughout, providing plenty of space for comfortable living and entertaining. The cozy upper unit includes 1 bedroom and a warm, inviting atmosphere perfect for tenants, guests, or extended family. Whether you're looking to create a versatile living arrangement, this property offers endless possibilities! Close to all the city conveniences and I-75 hwy. A must Look today!
Unique opportunity to own a piece of Monroe historyâ??the original Woodland Farms homestead! This multi-unit property features a stand-alone 3 bedroom, 1 bath home with full basement (Unit 6) plus five additional rental units. Units 1â??3 offer full basements, while Units 4 & 5 provide convenient single-floor living. Units 1â??5 have been recently updated with paint, flooring, kitchens, and bathrooms. Separate heating and electric for all units with shared water expenses. All units include washer/dryer hook ups with Units 4 & 5 sharing a utility room. Property also includes four garage spaces with an attached enclosed office area for additional rental or storage opportunities. The original 38x175 dairy barn with loft features new metal siding and an updated roof. Significant income potential awaits your imagination: storage, event center, housing or possible recreational rental facility. Peaceful setting with views of the River Raisin in front and open farmland behind. Direct access to the newly extended Heritage Bike Trail from the front of the property. Excellent owner-occupant or income investment opportunity.
Investment opportunity! Affordable duplex, both occupied. 815 Union is a 2 bedroom 1 bath unit. 821 Union is a 1 bedroom 1 bath unit. Large yard. Basement - New basement floor and new patio 2025. New porch railing. 820 Union-new kitchen cabinets, new bathroom vanity and toilet. Both tenants pay their own separate utilities. Nice porch. Across from newly built park.
Rare investment opportunity! This fully occupied 10-unit apartment property spans four distinct buildings on a single lot, ideally located at the corner of E Front St and Kentucky Ave. Just steps from a park and tennis courts. Built in 1883 and thoughtfully updated, the property offers a mix of 1, 2, and 3-bedroom units, all with 1 bathroom, plus a shared coin-operated laundry. Recent renovations include new roofing, luxury vinyl plank flooring, updated water heaters, key-code entry locks, and interior upgrades throughout most units. Tenants are on one-year leases, with a strong rental history and consistent on-time payments. Current gross income is approx. $116,000/year (including laundry) with a pro forma potential of $121,000/year. Estimated annual expenses are approx. $26,000, with a current net operating income of about $90,000 and a cap rate near 10% at the asking price. Donâ??t miss this chance to own a stabilized, income-producing multifamily property with upside potential in the heart of Monroe!
Monroe is located in Michigan. Monroe, Michigan has a population of 20,344. Monroe is more family-centric than the surrounding county with 28.74% of the households containing married families with children. The county average for households married with children is 27.13%.
The median household income in Monroe, Michigan is $53,644. The median household income for the surrounding county is $68,006 compared to the national median of $69,021. The median age of people living in Monroe is 37.9 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 18.1 degrees. The average rainfall is approximately 34.4 inches per year, with 37.4 inches of snow per year.
