$140,000
Closed

2 LONG COURT

Monroe, MI 48161
Type:Multi-Family
Structure:House
Zone:Residential

Description

Great investment opportunity! This Tri-Plex has potential to gross $23,000-$24,000 per year. The two 1 bedroom units, are currently leased for $550 a month($1100 total). One of the tenants are month to month and the other is in a signed lease until Aug 2022. The upper 3 bedroom unit has been totally remodeled with a new kitchen, bathroom, vinyl plank flooring and freshly painted. The 3 bedroom could easily be rented for $800-$900 per month. Entire home has updated windows and is vinyl sided. Large basement with 2 furnaces/hot water tanks and is great for storage. Adequate gravel parking area. The owner pays the water/sewer bill. The 3 bedroom unit has it's own separate utilities and the two 1 bedroom units, share utilities(which owner currently pays). All 3 units include a stove & refrigerator. Rental re-inspection is scheduled for 6/1/22(City is backed up). Owner requires 12 hour notice for showings. Showings Mon-Fri after 4pm, weekends more flexible. Buyer agent to verify all info.

Location

Timothy StinsonPremier Realtor | 248-933-0539