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231 W 7th Street
Monroe, MI 48161
3 Beds
2 Baths
1,630 Sq Ft
0.14 ac Acres
1903 Year Built
26 Days on homefello
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About This Property
Turnkey duplex with projected gross rental income of approximately **$23,400 per year ($1,950/month)**. Both units are vacant, giving the new owner the opportunity to immediately place tenants at market rents or owner occupy one unit while generating rental income from the other. **Immediate possession means you can begin generating rental income without waiting for existing leases to expire.** Fresh paint, new carpet, and numerous updates make this property move-in and rent-ready. Separate gas and electric meters simplify tenant utility responsibilities. The spacious lower unit includes exclusive access to the full basement, while the upper 2-bedroom unit features an oversized attic offering exceptional storage space.
Listed by: Mitchell Petree (734) 735-2378 BND Realty
Source: MiRealSource MLS#: 50213050
Key Features
Private patio/deck for outdoor entertaining
Central air conditioning
Inside the Home
3 bedrooms
2 full bathrooms
Includes refrigerator, range, oven, gas water heater
1,630 sq ft of living space
Comfort & Climate
Forced Air, Natural Gas
Ceiling Fan(s)
Natural Gas Available
Outdoor Features
Porch
Balcony
Corner Lot
Property Overview
Lot size: 0.1400 acres
Built in 1903
2 stories
2 Story architecture
Multi-Family
Annual taxes: $3,994
Utilities
Water: Public
Sewer: Public Sewer
Construction
Aluminum Siding
Community
Subdivision: Curtis & Wilson - Monroe City
Monroe County
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Homefello Value
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What's Nearby
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From: 231 W 7th Street, Monroe 48161
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