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440 N Monroe Monroe, MI 48162
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Key Details
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,955 sqft
Price per Sqft $63
Municipality Monroe City
Subdivision Monroe City
MLS Listing ID 2210031990
Sold Date 05/28/21
Year Built 1961
Annual Tax Amount $2,148
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 30.00 X 155.00
Source Realcomp
Property Description
Please do not approach Current Tenants for ANY QUESTIONS about Listing. Call our office at 734-272-7965
Fully leased investment property. Very well maintained, remodeled in last 2 years with new flooring, Bathroom, and paint. Dedicated parking spots at the back of property for easy access. Office / Retail leased at $750/mo. Apartment #1 at $550/mo. Apartment #2 at $500/mo. Net operating income above $15,000 as 12% Capitalization Rate. Close to Downtown Business District with easy access to I-75 Hwy and Local Airport. (See Offering Memorandum for details)
Location
State MI
County Monroe
Area Monroe County - 60
Zoning Commercial
Direction South of Loraine Street and North of Noble Ave on Monroe Street
Rooms
Basement Basement
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Foundation Block
Sewer Public
Water Public
Structure Type Block,Brick
Schools
School District Monroe
Others
Tax ID 58556901323000
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