3042 S Custer Road, Monroe, MI 48161
3042 S Custer Road, Monroe, MI 48161
3042 S Custer Road, Monroe, MI 48161
3042 S Custer Road, Monroe, MI 48161
3042 S Custer Road, Monroe, MI 48161
3042 S Custer Road, Monroe, MI 48161
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 299,999
Est. payment | /mo

5 Beds

4 Baths

2,530 SqFt


Save
$ 299,999
Est. payment | /mo
Save

5 Beds

4 Baths

2,530 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,530 sqft

Price per Sqft $118

Subdivision Mi

MLS Listing ID 50214766

Style 2 Story

Bedrooms 5

Full Baths 4

Annual Tax Amount $4,943

Lot Size 0.500 Acres

Acres 0.5

Lot Dimensions 65x383

Property Sub-Type Multi-Family

Property Description

Turnkey 4-unit investment opportunity offering immediate cash flow and a unique river-view setting on approximately 0.50 acres. All four units are currently rented, generating $3,295/month in gross rental income, plus additional income from coin-operated laundry. Looking for an owner-occupied investment? Live in one unit while rental income from the other three helps offset your housing expenses when a unit becomes available. Separate gas and electric meters help minimize owner-paid utilities, and parking includes 3 detached garage spaces plus 2 additional enclosed garage spaces. Recent improvements include exterior painting, a remodeled bathroom and sunroom in Apartment 2, vinyl plank flooring, and fresh paint. One long-term tenant currently assists with lawn care, snow removal, and routine light maintenance in exchange for below-market rent, offering future income upside. Units are available for showings with notice.

Location

State MI

County Monroe

Area Monroe Twp (58012)

Interior

Heating Forced Air

Fireplace No

Exterior

Parking Features Detached Garage

Garage Spaces 5.0

Building

Story 2 Story

Foundation Basement

Water Public Water

Schools

School District Monroe Public Schools

Others

Ownership Private

SqFt Source Realist

Energy Description Natural Gas

Financing Cash,Conventional,Land Contract

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by Wiens And Roth Real Estate - Lambertville

Schools and Properties Nearby

Learn More About LPT Realty

Name
Phone*
Message
Tour the Home

3042 S Custer Road