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314 Washington Street Monroe, MI 48161
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Key Details
Sold Price $310,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,788 sqft
Price per Sqft $81
Subdivision Monroe Village East Of Monroe St
MLS Listing ID 57050160441
Sold Date 04/09/25
Full Baths 2
Half Baths 2
Originating Board Southeastern Border Association of REALTORS®
Year Built 1883
Annual Tax Amount $5,257
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 100x150x100x150
Property Description
Prime investment opportunity! TWINPLEX... Live in one unit and rent the other or rent them both! This multifamily property offers excellent income potential in a desirable, centrally located neighborhood. Each unit, (north side unit is 3 bedroom 1 1/2 baths south side unit 4 bedroom 1 1/2 baths) provides spacious layouts with appealing features, ideal for attracting long-term tenants. Just minutes from Monroe's downtown area, residents will enjoy easy access to shops, dining, schools, and parks. With strong rental demand in the area proximity to major highways for commuters, this property is a great addition to any portfolio. Don't miss out on this solid, income-generating asset in a thriving community!
Location
State MI
County Monroe
Area Monroe
Body of Water none
Interior
Interior Features Other
Heating Separate Meters, Steam
Cooling Ceiling Fan(s), Wall Unit(s)
Fireplace no
Heat Source Natural Gas
Exterior
Exterior Feature Private Entry, Fenced
Porch Balcony
Road Frontage Pub. Sidewalk
Garage no
Building
Foundation Basement, Michigan Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 2 Story
Schools
School District Monroe
Others
Pets Allowed Yes
Tax ID 552900136000
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conv. Blend Rt, Conventional, FHA, VA
Listing Terms Cash, Conv. Blend Rt, Conventional, FHA, VA
Financing Cash,Conv. Blend Rt,Conventional,FHA,VA
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Bought with MBA Realty