724 Laplaisance Road, Monroe, MI 48161
724 Laplaisance Road, Monroe, MI 48161
724 Laplaisance Road, Monroe, MI 48161
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Alec Applebaum

Alec Applebaum

+1(248) 866-8784
$189,900
Est. payment /mo
3 Baths
9,583 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Municipality Monroe City

Subdivision Monroe City

MLS Listing ID 50218201

Year Built 1923

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions 171x110x171

Source MiRealSource

Property Description

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.

Location

State MI

County Monroe

Direction W

Interior

Heating Forced Air, Wall Furnace

Exterior

View Y/N No

Building

Structure Type Stone

Others

Tax ID 55 39 00595 000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Coldwell Banker Haynes R.E. in Monroe

Nearby School & Business

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Alec Applebaum

Alec Applebaum

+1(248) 866-8784

Broker | License ID: 6502389085

Broker License ID: 6502389085

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Name

Phone*

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