112 W Front Street

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?

6,790 Sq.Ft. LIVING AREA

3,920.4 Sq.Ft. lot

Features & Amenities

Interior

APPLIANCES Gas Water Heater

Area & Lot

Status For Sale
Living Area6,790 Sq.Ft.
Lot Area3,920.4 Sq.Ft.
MLS® ID50167206
TypeCommercial
YEAR BUILT1900
NeighborhoodMonroe

Exterior

water SourcePublic
roofMetal
lot featuresMain Street, Downtown Dev Authority
parkingParking Lot
HEAT TYPEForced Air
AIR CONDITIONINGCentral Air, Wall/Window Unit(s)
sewerPublic Sanitary
SubstructureBasement

Financial

Sales Price$399,900
Real Estate Tax $9,310/yr

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Contact Details

Fritz & McNew Team

Phone

(734) 345-2999

[email protected]

Address

15489 S Telegraph Rd., #C Monroe, MI 48161

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Name

Phone

Message

112 W Front Street

$399,900

Tom Fritz

Features & Amenities

Interior

Area & Lot

Exterior

Financial

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Monroe

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