902 E 8th Street, Monroe, MI 48161

$239,900
  • 902 E 8th Street, Monroe, MI 48161 Main Photo

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New to the Market Active
BEDS7 BATHS3 full SQUARE FEET2,838 MLS#50225265
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONReisig SCHOOLMonroe Public Schools

Property Description

UNIQUE THREE-UNIT INVESTMENT OPPORTUNITY! Excellent opportunity to own a duplex and detached single-family home on one parcel in an established Monroe neighborhood. This versatile property offers existing rental income with additional income potential. Duplex (902 E 8th Street): Fully occupied and currently generating $2,050 per month in gross rental income. Both tenants currently under lease. Features a spacious 3-bedroom lower unit, 2-bedroom upper unit, fenced yard, and separately metered gas and electric. Single-Family Home (906 E 8th Street): Recently updated 2-bedroom home featuring fresh professional paint, new flooring, and updated fixtures throughout. The home is sub-metered, with tenants responsible for gas, electric, and water, helping minimize owner-paid utility expenses. Vacant and ready for immediate occupancy, allowing the new owner to select their own tenant. POTENTIAL GROSS RENTAL INCOME OF $3,200?$3,500 PER MONTH ($38,400?$42,000 ANNUALLY) AT FULL OCCUPANCY! With three income-producing units across two separate buildings, this property offers an appealing combination of existing income, rental flexibility, and future investment potential. Ideal for investors looking to expand their portfolio or qualified owner-occupants interested in offsetting housing expenses with rental income. Dont miss opportunity to own this rare property. Schedule your private showing today! BTVAI

902 E 8th Street | MLS# 50225265

This multi-family property located at 902 E 8th Street, Monroe, MI 48161 is currently listed for sale with an asking price of $239,900. E 8th Street is located within the Monroe Public Schools school district. Search Monroe real estate on www.teamchildersrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Block
Fenced: Yes
Fuel Type: Natural Gas
Heating: Forced Air
Lot Size: 0.08 Acres
Stories: 2.0
Taxes: $5,314
Year Built: 1923

Feature Descriptions

Appliances: Dishwasher, Range/Oven, Refrigerator
Exterior: Vinyl Siding
Exterior: Fenced Yard
Lease Info.: Lease Term 1-2 Years
Sewer: Public Sanitary
Summer Tax: 2710
Water: Public Water
Winter Tax: 2604

Local Schools

School District: Monroe Public Schools

Listed By / Shown By

Listed By

Agency Name: BND Realty
Agency Phone: 734-755-1970

Shown By

Agent Name: Julie Childers
Agent Phone: Cell: (517) 673-1829
Agency Title: Key Realty

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Estimated Payment

$ 1,854.74 per month $1,341.93 Principal & Interest $442.83 Property Tax $69.97 Homeowner's Insurance

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