Turnkey, fully occupied 4-unit investment property offering immediate cash flow and a scenic river-view setting on approximately 0.50 acres. This well-maintained fourplex generates $3,295 per month in gross rental income, plus additional income from the coin-operated laundry. Current leases are in place through Summer 2027, providing stable, predictable income for the next owner. Separate gas and electric meters for each unit help minimize owner expenses. Tenants enjoy ample parking with 3 detached garage spaces and 2 additional enclosed garage spaces. Recent improvements include premium exterior paint, foundation faade upgrades, remodeled bathroom and sunroom in Apartment 2, vinyl plank flooring in Apartments 1-3, and fresh paint in Apartment 1. One long-term tenant assists with lawn care, snow removal, and routine property maintenance, reducing owner responsibilities while providing future rental upside.
Listed By
Agency Name: Wiens And Roth Real Estate - Lambertville
Agency Phone: 734-777-0490
Shown By
Agent Name: Tina Dykes
Agent Phone: (734) 915-9341
Agency Title: Key Realty
Estimated Payment
$ 2,236.39 per month $1,734.05 Principal & Interest $411.92 Property Tax $90.42 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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3042 S Custer Road | MLS# 50214766
This multi-family property located at 3042 S Custer Road, Monroe, MI 48161 is currently listed for sale with an asking price of $310,000. S Custer Road is located within the Monroe Public Schools school district. Search Monroe real estate on tinadykes.ikeyrealty.com today.