$299,000 for Sale

314 washington street, monroe, MI 48161

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Beds 7 Baths 4 3,788 Sqft 0.34 Acres 1 of 53
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Property Description
Prime investment opportunity! TWINPLEX... Live in one unit and rent the other or rent them both! This multifamily property (easily opened back to a single family home) offers excellent income potential in a desirable, centrally located neighborhood. Each unit, (north side unit is 3 bedroom 1 1/2 baths south side unit 4 bedroom 1 1/2 baths) provides spacious layouts with appealing features, ideal for attracting long-term tenants. Just minutes from Monroe's downtown area, residents will enjoy easy access to shops, dining, schools, and parks. With strong rental demand in the area proximity to major highways for commuters, this property is a great addition to any portfolio. Don't miss out on this solid, income-generating asset in a thriving community!
General Information
Sale Price: $299,000
Price/SqFt: $79
Est. Payments: $1,963
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Status: Active
MLS#: mcami57050160587
City: monroe
Post Office: monroe
Schools: monroe
County: Monroe
Subdivision: old village east of monroe st
Acres: 0.34
Lot Dimensions: 100x150x100x150
Bedrooms:7
Bathrooms:4   (2 full, 2 half)
House Size: 3,788 sq.ft.
Acreage: 0.34 est.
Year Built: 1883
Property Type: Single Family
Style: Other
Features & Room Sizes
Bedroom 1: 
Bedroom 2 : 
Bedroom 3: 
Bedroom 4: 
Family Room: 
Greatroom: 
Dinning Room: 
Kitchen: 
Livingroom: 
Pole Buildings: 
Paved Road:  Pub. Sidewalk
Garage Description:  2+ Assigned Spaces
Construction:  Stucco
Exterior:  Stucco
Exterior Misc:  Fenced
Basement:  Yes
Foundation :  Basement,Michigan Basement
Appliances:  Dishwasher,Dryer,Microwave,Oven,Range/Stove,Refrigerator,Washer
Cooling:  Ceiling Fan(s),Wall Unit(s)
Heating:  Steam
Fuel:  Natural Gas
Waste:  Public Sewer (Sewer-Sanitary)
Watersource:  Public (Municipal)
Tax, Fees & Legal
Est. Summer Taxes:  $2,792
Est. Winter Taxes:  $2,586
HOA fees:  1
Legal Description:  OLD VILLAGE PLAT EAST OF MONROE ST LOT 32


IDX provided courtesy of Realcomp II Ltd. via Prestige Real Estate Group and Southeastern Border Association of REALTORS®, ©2024 Realcomp II Ltd. Shareholders Listing By: Shelly Conner of Century 21 Allstar Real Estate Team, Inc in Monroe, Phone: (734) 241-2700
(517) 712-1627 Call Nikki Niemi for more information about this property.

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Listings Presented by:
Nikki Niemi
Call:
(517) 712-1627

Office:
(810) 599-7328

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This Home located at
314 washington street, monroe MI 48161
is currently for sale priced at $299,000 and was listed on November, 06, 2024 and has been on the market for 9 days and was last updated on November, 10, 2024.

314 washington street has 7 bedrooms, 4 bathrooms, and approximately 3,788 square feet. This home is in the monroe school district and has a lot size of 100x150x100x150 with 0.34 acres and was built in 1883. 314 washington street is in the 48161 ZIP Code area of monroe.

If you have any question about this property or any others, please don't hesitate to contact me.