1724 S Custer, Monroe, MI 48161
Local realty services provided by:CENTURY 21 Signature Realty
1724 S Custer,Monroe, MI 48161
$309,000
- - Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: jeffrey menzer
Office: re/max moves
MLS#:60392386
Source:MI_REALSOURCE
Price summary
- Price:$309,000
About this home
Multifamily opportunity! If you are looking for some positive, easy, and passive income, this is the place for you. There is 1 apartment that is currently rented and under lease. Each apartment is a month to month lease and buyer will assume all tenant's rights. New tenant moving in on April 1, 2026 in the one bedroom with rent of $690. Current tenants have always paid on time. Property is managed by seller. On ground level, there is also a large office space that has 4 rooms, 1.5 baths, and a lobby. This office space can be reverted back into a 4 bedroom apartment giving the new buyers more income revenue (about $2000.00). This property offers a strong investment potential in a neighborhood that has already seen significant revitalization and is posed for on going growth. The property has a larger parking lot for 12 parking spaces for tenant and office parking. Seller is motivated to sell but will not take low offers. Come bring your new buyers and/or investor for an opportunity that will result in immediate income! Licensed real estate agent must be on site with buyer(s) during all showings. Lockbox is located on the east side of the building on the front office door. BATVAI PLEASE RESPECT ALL TENANTS DURING SHOWINGS AS TENANTS ARE UNDER CURRENT LEASES. Tenants need 48 hours for all showings. Continent on release of previous contract....
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Home facts
- Year built:1950
- Listing ID #:60392386
- Added:701 day(s) ago
- Updated:April 03, 2026 at 10:19 AM
Rooms and interior
- Total bathrooms:4
- Full bathrooms:4
- Basement Description:Block
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air
Structure and exterior
- Year built:1950
- Lot area:0.33 Acres
- Construction Materials:Asphalt, Brick
- Exterior Features:Exterior Balcony, Fenced Yard, Porch
- Foundation Description:Basement, Block, Slab
- Levels:1 Story
Utilities
- Water:Public Water
Finances and disclosures
- Price:$309,000
- Tax amount:$8,179
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