230 Almyra Ave - Apartments FOR SALE


Monroe, MI 48161
$175,000 USD
734-777-9094
230 Almyra Ave, Monroe, MI for Sale
$175,000 USD
Apartments - FOR SALE
1/53
null | Request Cap Rate

230 Almyra Ave
Monroe, MI 48161


HIGHLIGHTS

  • Fully renovated 2-bedroom, 1-bath units.
  • Close to downtown Monroe and highways.
  • Each unit has a large living area and kitchen.

OVERVIEW

IMMEDIATE OCCUPANCY in this turnkey duplex offering (2) completely renovated 2 bed/1 bath units. The opportunities are endless in this two story located near the heart of downtown Monroe! Live in one unit and rent out the second unit or use both units as an investment property! This duplex boasts (2) 2 bedroom, 1 bath apartments metered separately for electricity and gas. One water meter for building. Both units have spacious living space and fully appointed kitchens. Main floor unit has access to the front porch. Second floor unit has a separate private entrance on back of building. Full basement offers tenants plenty of storage. This property is a fantastic investment opportunity, close to shopping, dining and highways for commuters. Both units are vacant and ready for you to fill with tenants! City of Monroe Rental Certificate has been completed by the seller and is transferable to the new owner and is valid through Nov 2027!

FOR SALE DETAILS

PRICE

$175,000 USD

PRICE/SF

$124 USD /SF

# OF UNITS

2

PRICE/UNIT

$87,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1923

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,507 SF

ZONING

R1

APN/PARCEL ID

55-49-00061-000

ASK ABOUT THIS PROPERTY

Therese AntonelliMoving The MittenMore Info
734-777-9094

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Therese AntonelliMoving The MittenMore Info
734-777-9094

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.