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902 E 8th #906 EIGHTH, Monroe, MI 48161

$239,900
•
  • 7

    bed

  • 3

    bath

  • 2,838

    Sqft ($85/Sqft)

Multi-family for sale 9 hours

About 902 E 8th #906 EIGHTH

Property type Multi-family
Neighborhood
Year built 1923
HOA fee $0/month
Lot size 3,485 Sqft
Movoto estimate
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. Don't miss opportunity to own this rare property. Schedule your private showing today! BTVAI
Listed by
Listing Agent - Mitchell Petree
Listing Agent Contact: Office: 734-755-1970
Listing Office - BND Realty
Source: MiRealSource, Inc mls logo
MLS#50225265 • last updated 9 hours ago
Movoto checked MiRealSource, Inc for data 4 minutes ago
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Overview
Heating Forced Air
Status Active
Type Multi-Family
Lot Size (Acres) 0.08
Total Tax Amount 5314
Year Built 1923
Interior
# of Full Baths 3
Basement Block
Exterior
Foundation Basement
Exterior Features Fenced Yard
Construction Vinyl Siding
Amenities / Utilities
Fuel Type Natural Gas
Sewer/ Septic Public Sanitary
Water Public Water
Location
County Monroe (58026)
Community Amenities Sidewalks
Subdivision Reisig
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  • Real Estate
  • MI
  • Monroe County
  • Monroe
  • 48161
  • 902 E 8th #906 EIGHTH

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