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1724 S Custer Road

Monroe, MI 48161
  • $309,000
  • STATUS: Active
  • ON SITE: 293 Days
  • ID#: 20240029024
UPDATED: 39 min ago
$309,000
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,800
    SQFT
  • $172
    $/SQFT
Type:
Commercial
Built:
1950
County:
Area:
Zoning:
Commercial
Lot Size Dimensions:
120.00 x 120.00

School Ratings & Info

School District:

Description

Multifamily opportunity. If you are looking for some passive income, this is the place for you. There are 3 apartments that are currently rented and under lease. There is also a large office space that has 4 rooms, 1.5 baths, and a lobby. 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 with over 10 parking spaces for tenant and office parking.Back on market with 2 new tenants.

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IDX provided courtesy of Realcomp II Ltd. via The Calhoun Team of Pretty Home Realty and Realcomp II Ltd.. © 2025 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Calhoun Team of Pretty Home Realty are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2025-02-19T17:01:53.463.
www.prettyhomerealty.com/homes/150086956
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1724 S Custer Road Monroe, MI 48161

  • Price: $309,000
  • Status: Active
  • On Site: 293 Days
  • Updated: 39 min ago
  • ID#: 20240029024
0
Beds
0
Baths
0
½ Baths
0.33
Acres
1,800
SQFT
$172
$/SQFT
1950
Built
Neighborhood:
Wertenberger Place - Monroe City
County:
Monroe
Area:
Monroe
School District:
MONROE
Property Description
Multifamily opportunity. If you are looking for some passive income, this is the place for you. There are 3 apartments that are currently rented and under lease. There is also a large office space that has 4 rooms, 1.5 baths, and a lobby. 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 with over 10 parking spaces for tenant and office parking.Back on market with 2 new tenants.
Exterior Features

Architecture Level 2 Story Commercial Exterior Features Perimeter Fence Construction Materials AsphaltBrick Exterior Features Fenced Foundation Details SlabBasement Foundation Materials Block Lot Size Dimensions 120.00 x 120.00 Road Frontage Feet 120 Road Frontage Type PrivatePub. Sidewalk Roof Material Asphalt Side Of Street W Waterfront YN No

Interior Features

Building Area Source Estimated Heating Cooling Forced Air Heating Fuel Natural Gas Sq Ft Main 4345 Sq Ft Office 1800 Unit Efficiency Number Of 0 Unit Four Bed Number Of 1 Unit One Bed Number Of 1 Unit Three Bed Number Of 1 Unit Two Bed Number Of 1

Property Features

Assessment 0.00 Commercial Type ApartmentsReal Estate Only Existing Lease YN Yes Gross Scheduled Income 36000.00 Inventory Included YN No Land Contract YN No Listing Financing CashConventionalTrade/Exchange Net Operating Income 30000.00 Operating Expense 6000.00 Ownership Status Short Sale - NoPrivate Owned Percent Leased 75 Possession At Close Postal City Monroe Protection Period 90 Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 4061.0000 Tax Amount Winter 3743.0000 Title Standard (Private) Total Tax 7804.0000 Unparsed Address 1724 S CUSTER Road Water Source Public (Municipal) Year Remodeled 2021 Zoning Commercial

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via RE/MAX Moves: (734) 785-8549 and Realcomp, ©2025 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via The Calhoun Team of Pretty Home Realty and Realcomp II Ltd.. © 2025 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Calhoun Team of Pretty Home Realty are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2025-02-19T17:01:53.463.
 
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