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Jasmine Sheffield

jasmine@jasminesheffield.com +1(734) 624-7562

$ 239,900

Est. payment | -/mo

7 Beds

3 Baths

2,838 SqFt

Save

$ 239,900

Est. payment | -/mo

Save

7 Beds

3 Baths

2,838 SqFt

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 2,838 sqft

Price per Sqft $84

Subdivision Reisig

MLS Listing ID 57050225265

Bedrooms 7

Full Baths 3

Year Built 1923

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type MultiFamily

Property Description

UNIQUE THREE-UNIT INVESTMENT OPPORTUNITY! Excellent opportunity to own a duplex and detached single-family home on one parcel in an established Monroe neighborhood. This versatile property offers existing rental income with additional income potential. Duplex (902 E 8th Street): Fully occupied and currently generating $2,050 per month in gross rental income. Both tenants currently under lease. Features a spacious 3-bedroom lower unit, 2-bedroom upper unit, fenced yard, and separately metered gas and electric. Single-Family Home (906 E 8th Street): Recently updated 2-bedroom home featuring fresh professional paint, new flooring, and updated fixtures throughout. The home is sub-metered, with tenants responsible for gas, electric, and water, helping minimize owner-paid utility expenses. Vacant and ready for immediate occupancy, allowing the new owner to select their own tenant. POTENTIAL GROSS RENTAL INCOME OF $3,200"“$3,500 PER MONTH ($38,400"“$42,000 ANNUALLY) AT FULL OCCUPANCY! With three income-producing units across two separate buildings, this property offers an appealing combination of existing income, rental flexibility, and future investment potential. Ideal for investors looking to expand their portfolio or qualified owner-occupants interested in offsetting housing expenses with rental income. Don't miss opportunity to own this rare property. Schedule your private showing today! BTVAI

Location

State MI

County Monroe

Area Area06122Monroe

Rooms

Basement Block

Interior

Heating Forced Air, Natural Gas, Separate Meters

Fireplace No

Exterior

Fence Fenced

Community Features Sidewalks

View Y/N No

Building

Foundation Basement, Block

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Monroe

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition CorporateRelocation, ShortSaleNo

Listed by Mitchell Petree of BND Realty

NEARBY SCHOOL & BUSINESS

+1(734) 624-7562

jasmine@jasminesheffield.com

42949 W Seven Mile Rd, Northville, MI 48167, United States

902 E 8th ST Monroe, MI 48161