Michael E. Brown
BEDS5
BATHS3 full
SQUARE FEET1,788
MLS#50218201
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONNone
SCHOOLMonroe Public Schools
Property Description
Investor opportunity with three occupied rental units generating $2,300/month! The property includes a two-story duplex with upper and lower units plus a separate one-bedroom home and detached two-car garage. Current rents are $900 lower, $800 upper and $600 for the one-bedroom home, totaling $27,600 annually. Tenants pay all utilities except water. Improvements include siding on the duplex in 2022 and one-bedroom home in 2016, sewer line repair in 2019, replacement windows and doors, and a newer garage door. Offered at $189,900, this is a great opportunity to add an established income-producing property to your portfolio. The duplex could also be easily converted to a single family home.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Stone
Fuel Type: Natural Gas
Garage: 2
Heating: Wall Heat, Forced Air
Lot Size: 0.22 Acres
Stories: 2.0
Taxes: $3,281
Year Built: 1923
Feature Descriptions
Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
Days on Site: 10
Sewer: Public Sanitary
Summer Tax: 1673
Water: Public Water
Winter Tax: 1608
Local Schools
School District: Monroe Public Schools
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Haynes R.E. in Monroe
Agency Phone: 734-242-8484
Shown By
Agent Name: Michael E. Brown
Agent Phone: (419) 367-1955
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 1,391.05 per month $1,062.25 Principal & Interest $273.42 Property Tax $55.39 Homeowner's InsuranceChange Payment Information
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724 Laplaisance Road | MLS# 50218201
This multi-family property located at 724 Laplaisance Road, Monroe, MI is currently listed for sale with an asking price of $189,900. Laplaisance Road is located within the Monroe Public Schools school district. Search Monroe real estate on michaelbrown.ikeyrealty.com today.