$299,000 for Sale
314 washington street, monroe, MI 48161
| Beds 7 | Baths 4 | 3,788 Sqft | 0.34 Acres |
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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
Status: Active
MLS#: mcami57050160587
Originating MLS: MCAR
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 Crown 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
