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Chollie Houghtaling

chollie@realtorsinmichigan.com +1(248) 764-0614

$309,000

Est. payment - /mo

4,345 SqFt

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Key Details

Property Type Commercial

Sub Type RealEstateOnly

Listing Status Pending

Purchase Type For Sale

Square Footage 4,345 sqft

Price per Sqft $71

Subdivision Wertenberger Place - Monroe City

MLS Listing ID 20250033363

Year Built 1950

Lot Size 0.330 Acres

Acres 0.33

Property Sub-Type RealEstateOnly

Property Description

Multifamily opportunity! If you are looking for some positive, easy, and passive income, this is the place for you. There is 1 apartment that is currently rented and under lease. Each apartment is a month to month lease and buyer will assume all tenant's rights. New tenant moving in on April 1, 2026 in the one bedroom with rent of $690. Current tenants have always paid on time. Property is managed by seller. On ground level, there is also a large office space that has 4 rooms, 1.5 baths, and a lobby. This office space can be reverted back into a 4 bedroom apartment giving the new buyers more income revenue (about $2000.00). This property offers a strong investment potential in a neighborhood that has already seen significant revitalization and is posed for on going growth. The property has a larger parking lot for 12 parking spaces for tenant and office parking. Seller is motivated to sell but will not take low offers. Come bring your new buyers and/or investor for an opportunity that will result in immediate income!
Licensed real estate agent must be on site with buyer(s) during all showings. Lockbox is located on the east side of the building on the front office door. BATVAI
PLEASE RESPECT ALL TENANTS DURING SHOWINGS AS TENANTS ARE UNDER CURRENT LEASES.
Tenants need 48 hours for all showings. Continent on release of previous contract.

Location

State MI

County Monroe

Area Area06122Monroe

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Exterior

Fence Fenced

View Y/N No

Roof Type Asphalt

Building

Foundation Basement, Block, Slab

Sewer Public Sewer

Water Public, SeparateMeters

New Construction No

Schools

School District Monroe

Others

Senior Community false

Acceptable Financing Cash, Conventional, Trade1031Exchange

Listing Terms Cash, Conventional, Trade1031Exchange

Special Listing Condition ShortSaleNo, Standard

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Listed by Jeffrey A Menzer of RE/MAX Moves

NEARBY SCHOOLS & PROPERTIES

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Chollie Houghtaling

+1(248) 764-0614

Broker | License ID: 431484

Broker License ID: 431484

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1724 S CUSTER RD Monroe, MI 48161

Chollie Houghtaling

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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1724 S CUSTER RD