112 W Front Street Active

Monroe,MI 48161

$ 399900

0 Bed

- Bath

6790 SqFt


Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Active

Purchase Type For Sale

Square Footage 6,790 sqft

Price per Sqft $58

MLS Listing ID 57050167206

Year Built 1900

Annual Tax Amount $9,310

Lot Size 3,920 Sqft

Property Sub-Type Real Estate Only

Property Description

Check out this awesome investment property! It's located right on the riverfront, in a vibrant downtown area. It's a mixed-use property with three office suites and three cozy one-bedroom apartments. There's even a large garage and a spacious basement. The property was renovated back in 1995, so it's got a great mix of old and new charm. It has a new roof and new A/C units. This property is very well kept. The gross rents are a whopping $56,000, and the net operating income is $37,000. Plus, it's super convenient - it's right next to a park, the River Raisin, and a bakery shop. What more could you want?

Location

State MI

County Monroe

Area Monroe

Zoning Commercial

Interior

Hot Water Natural Gas

Heating Forced Air,Central Air

Exterior

Roof Type Metal

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick

Schools

School District Monroe

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Full Service

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