Monroe, MI 48161,926 E Front Street
Monroe, MI 48161,926 E Front Street
Monroe, MI 48161,926 E Front Street
Monroe, MI 48161,926 E Front Street
Monroe, MI 48161,926 E Front Street
Monroe, MI 48161,926 E Front Street
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$ 899,900
Est. payment | /mo

10 Baths

0.61 Acres Lot


Save
$ 899,900
Est. payment | /mo
Save

10 Baths

0.61 Acres Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Municipality Monroe City

Subdivision Monroe City

MLS Listing ID 50180653

Year Built 1883

Lot Size 0.610 Acres

Acres 0.61

Lot Dimensions 128x209

Source MiRealSource

Property Description

Rare investment opportunity! This fully occupied 10-unit apartment property spans four distinct buildings on a single lot, ideally located at the corner of E Front St and Kentucky Ave. Just steps from a park and tennis courts. Built in 1883 and thoughtfully updated, the property offers a mix of 1, 2, and 3-bedroom units, all with 1 bathroom, plus a shared coin-operated laundry. Recent renovations include new roofing, luxury vinyl plank flooring, updated water heaters, key-code entry locks, and interior upgrades throughout most units. Tenants are on one-year leases, with a strong rental history and consistent on-time payments. Current gross income is approx. $116,000/year (including laundry) with a pro forma potential of $121,000/year. Estimated annual expenses are approx. $26,000, with a c

Location

State MI

County Monroe

Area Monroe County - 60

Interior

Heating Forced Air

Exterior

View Y/N No

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by eXp Realty LLC in Monroe

GET MORE INFORMATION

agent
Shyanne Queen

Associate Broker/Team Lead | License ID: 6506049089

+1(616) 610-2005 | shyannesoldit@gmail.com

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