Great Investment Opportunity in Monroe! This duplex offers an excellent opportunity for investors or owner-occupants looking to offset their housing costs with rental income. Both units are currently occupied, providing immediate income potential. One tenant has been in the property for an impressive 14 years and has a signed lease, while the second unit is currently month-to-month, offering flexibility for an investor or buyer who may want to make future changes to the tenancy. The property has been thoughtfully updated over the years, including furnaces approximately 6 and 12 years old, hot water heaters approximately 6 and 8 years old, updated flooring, newer windows approximately 8 years old, and new exterior doors. One side also features a beautifully remodeled full kitchen. Whether youre looking to rent both units and build your investment portfolio or live in one unit while renting the other to help offset your mortgage, this duplex offers versatility and opportunity. With long-term rental history, numerous updates, and a convenient Monroe location, this is a great opportunity to add an income-producing property to your portfolio or make owner-occupied living more affordable. Two units. Multiple possibilities. One great investment!
Listed By
Agency Name: Real Estate One Monroe
Agency Phone: 734-244-5605
Shown By
Agent Name: Stephanie Maurice
Agent Phone: Cell: (734) 819-8495
Agency Title: Key Realty
Estimated Payment
$ 769.29 per month $648.87 Principal & Interest $86.58 Property Tax $33.83 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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1636 Peters Street | MLS# 50223639
This multi-family property located at 1636 Peters Street, Monroe, MI 48161 is currently listed for sale with an asking price of $116,000. Peters Street is located within the Monroe Public Schools school district. Search Monroe real estate on stephaniemaurice.ikeyrealty.com today.