Monroe, MI 48161,112 W Front Street
Monroe, MI 48161,112 W Front Street
Monroe, MI 48161,112 W Front Street
Monroe, MI 48161,112 W Front Street
Monroe, MI 48161,112 W Front Street
Monroe, MI 48161,112 W Front Street
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$ 399,900
Est. payment | /mo

6,790 SqFt


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$ 399,900
Est. payment | /mo
Save

6,790 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

Originating Board Southeastern Border Association of REALTORS®

Year Built 1900

Annual Tax Amount $9,310

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 43 x 91

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

Heat Source Natural Gas

Exterior

Roof Type Metal

Road Frontage Paved

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick

Schools

School District Monroe

Others

Tax ID 2900447000

Ownership Corporate/Relocation,Short Sale - No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Full Service

Realcomp MLS
Listed by Cole McNew of Coldwell Banker Haynes R.E. in Monroe

GET MORE INFORMATION

agent
JEFF HIGGINS

Managing Partner | License ID: 6506046014

+1(248) 233-6165

280 North Old Woodward Avenue, Suite 100, Birmingham, MI, 48009, United States

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112 W Front Street