117 E 8TH Street

    Monroe, MI 48161
    • $209,900
    • STATUS: Active
    • ON SITE: 12 days
    • MLS #: 219011472
    UPDATED: 37 min ago
    $209,900
    • 0
      BEDS
    • 0.14
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 3,540
      SQFT
    • $59
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1919
    County:
    Area:
    Zoning: Residential
    Lot Size Dimensions: 48.00X127.00

    School Ratings & Info

    School District:

    Description

    TURN KEY Quadruplex perfect for investor! Lease out all units or live in one and lease out the others. 2 first floor units and 2 upper units. Each unit features 1 bedroom, 1 bathroom, living room, dining room, kitchen with included appliances, murphy bed (3 of 4), common basement with washer/dryer, 4 car detached garage. Separate utilities, fenced yard, water paid by Landlord. 10.5% CAP RATE!!

    Monthly Payment Calculator

    Copyright 2019 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Toth Team - Keller Williams Ann Arbor Market Center are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2019-02-20T16:00:46.67.
    www.homesearchannarbor.com/homes/91662949

    117 E 8TH Street Monroe, MI 48161

    • Price: $209,900
    • Status: Active
    • Updated: 37 min ago
    • MLS #: 219011472
    0
    Beds
    4
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,540
    SQFT
    $59
    $/SQFT
    1919
    Built
    Neighborhood:
    Guettler Plat
    County:
    Monroe
    Area:
    Monroe
    School District:
    MONROE
    Property Description
    TURN KEY Quadruplex perfect for investor! Lease out all units or live in one and lease out the others. 2 first floor units and 2 upper units. Each unit features 1 bedroom, 1 bathroom, living room, dining room, kitchen with included appliances, murphy bed (3 of 4), common basement with washer/dryer, 4 car detached garage. Separate utilities, fenced yard, water paid by Landlord. 10.5% CAP RATE!!
    Exterior Features

    Architecture Level 2 Story Architecture Style Quadruplex Construction Materials Aluminum Exterior Features Fenced Foundation Details Basement Foundation Materials Block Lot Size Dimensions 48.00X127.00 Multifamily Parking Assigned SpacesGaragesOn Street Parking Total 8 Pool YN No Porch Type Porch Road Frontage Feet 48 Road Frontage Type PavedPub. Sidewalk Roof Material Asphalt Side Of Street N Waterfront YN No

    Interior Features

    Basement Type CommonUnfinished Basement YN Yes Baths Total 4.00 Cooling Ceiling Fans 2+Separate Meter Heating Hot Water Heating Fuel Natural Gas Room Count 0 Sq Ft Combined 3540 Sq Ft Source Prd Sq Ft Total Basement 1770 Unit Efficiency Number Of 0 Unit One Bed Number Of 4 Unit Three Bed Number Of 0 Unit Two Bed Number Of 0 Water Heater Fuel Natural Gas

    Property Features

    Assessment 0 Encroachment YN No Exclusions YN No Gross Scheduled Income 28800.00 Income Projection Actual Inventory List YN Yes Land Contract YN No Legal Rental Certified YN Yes Listing Financing CashConventional Monthly Rental Income 2400 Net Operating Income 21966.00 Number Of Units Leased 3 Ownership Status Private OwnedShort Sale - No Percent Homestead Exempt YN No Postal City Monroe Protection Period 180 Rent Includes Garbage PickupWater/Sewer Restrictions YN No Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 2017.0000 Tax Amount Winter 1916.0000 Title Private - Owned Total Tax 3933.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 117 E 8TH ST Water Source Municipal Water Zone Conform YN Yes Zoning Residential

    IDX provided courtesy of Realcomp II Ltd., via Real Estate One-Dbn Hts/Dbn and Realcomp, ©2019 Realcomp II Ltd. Shareholders.
    Copyright 2019 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Toth Team - Keller Williams Ann Arbor Market Center are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2019-02-20T16:00:46.67.
     
    The Toth Team - Keller Williams Ann Arbor Market Center
    2144 S State St
    Ann Arbor MI, 48104