Monroe, MI 48162 2681,44 E WILLOW Street
Monroe, MI 48162 2681,44 E WILLOW Street
Monroe, MI 48162 2681,44 E WILLOW Street
30
$970,000
$1,116,000
13.1%
Est.Price: ?

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12 BA
12,204 SqFt

44 E WILLOW Street Monroe, MI 48162 2681

Est. payment /mo
SOLD DATE : 08/25/2023

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Key Details

Sold Price $970,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 12,204 sqft

Price per Sqft $79

Subdivision Mi

MLS Listing ID 60204999

Sold Date 08/25/23

Full Baths 12

Year Built 1970

Annual Tax Amount $18,864

Lot Size 0.770 Acres

Acres 0.77

Lot Dimensions 90.00 x 372.00

Property Description

Incredible Investment Opportunity. A 12 unit (11-two bedrooms & 1-one-bedroom) brick colonial style building, a great location with a walkscore of 83. This very walkable location attracts tenants easily with beautiful local amenities, such as the River Raisin, St Mary's Park, bars, restaurants, coffee and an 8 minute walk to downtown Monroe. Current annual gross income of $145k. All 12 units have been consistently rented over the years of ownership. The property is nestled off the road, making it feel private with a beautiful mature landscape surrounding it. All apartments are furnished with a refrigerator, stove, furnace and built-in wall A/C. All tenants on separate meters for gas/electric, the property owner pays the water. All units have interior entrances. A total of 20 parking spots. Coin Laundry on site. Owner has renovated 9 of the 12 apartments over the last two years.

Location

State MI

County Monroe

Area Monroe (58026)

Zoning Multi-Family

Interior

Heating Baseboard, Electric Heat

Cooling Wall/Window A/C

Fireplace No

Exterior

Exterior Feature Brick

Amenities Available Laundry Facility

Waterfront No

Building

Foundation Slab

Water Public Water

Structure Type Brick

Schools

School District Monroe Public Schools

Others

Ownership Private

Energy Description Electric

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash,Conventional

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Griffin Properties & Management Co
Bought with LPS

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Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

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